Mubasher: Gulf Investment House (GIH) turned to loss during the second quarter of 2019, according to a bourse statement released on Wednesday.
The Boursa Kuwait-listed company incurred KWD 86,820 ($286,250) loss in Q2-19.
On the other hand, GIH’s profit soared 145.5% year-on-year to KWD 490,190 in the first half of the year.
GIH posted a profit of KWD 577,010 in Q1-19, compared to KWD 178,530 in Q1-18.
