Mubasher: Boubyan Petrochemical registered a plunge of 78.1% in the third quarter ended on 31 January 2018 compared to the same period in the previous year.
Earnings shrank to about KWD 101,300 ($337,900) in Q3 ended on 31 January 2018 compared to nearly KWD 463,400 ($1.54 million) in the same period in 2017, according to a bourse filing on Wednesday.
During the first nine months of the fiscal year that ended on 31 January 2018, Boubyan Petrochemical declined by 4.2% to KWD 1.30 million compared to KWD 1.36 million in the same nine months in the prior year.
Operating profits decreased by 10.2% to KWD 4.6 million, while operating revenues went down 1.8% to KWD 21.4 million.
At the stock level, Boubyan Petrochemical closed Wednesday’s session 0.43% higher at 694 fils.