Asiya Capital Q2 financials turn to losses; H1 earnings rise

Mubasher: Asiya Capital Investments Co incurred a loss of KWD 1.14 million ($3.77 million) in the second quarter of 2018 against profits worth about KWD 36,010 ($119,110) in the same quarter a year ago.

During the first six months of 2018, profits surged by 212.3% to approximately KWD 906,500 from nearly KWD 290,300 in the same half last year, according to a bourse statement on Thursday.

The incline in H1 profits is attributed to a rise in shares and capital markets.

Mubasher Contribution Time: 02-Aug-2018 09:31 (GMT)
Mubasher Last Update Time: 02-Aug-2018 09:31 (GMT)