Ekttitab Holding losses shrink 59% in 2018

Mubasher: Ekttitab Holding incurred a loss of nearly KWD 586,240 ($1.93 million) in fiscal year 2018.

The annual income statements of 2018 showed a decrease of 58.7% in losses when compared to KWD 1.42 million ($4.68 million) in FY17, according to a bourse statement on Wednesday.

During the fourth quarter of 2018, Ekttitab posted a decline of 79.1% in losses to about KWD 184,270 when compared to nearly KWD 880,470 in the same quarter of 2017.

It is noteworthy that Ekttitab is listed on both Boursa Kuwait and the Dubai Financial Market (DFM).

Mubasher Contribution Time: 13-Feb-2019 10:13 (GMT)
Mubasher Last Update Time: 13-Feb-2019 10:13 (GMT)