Investors Holding losses deepen 33% in Q2

Mubasher: Investors Holding Group registered an increase of 33% in losses during the second quarter of 2018 compared to the same period last year.

Losses decreased to around KWD 45,670 ($151,170) in Q2-18 from nearly KWD 34,340 ($113,670) in Q2-17, according to a bourse statement on Thursday.

During the first half of 2018, losses shrank by 4.8% to approximately KWD 79,270 compared to nearly KWD 83,240 in the same period a year ago.

The losses recorded in H1-18 are attributed to losses from investments.

At the stock level, Investors closed Thursday’s session 4.5% lower.

Mubasher Contribution Time: 12-Jul-2018 12:55 (GMT)
Mubasher Last Update Time: 12-Jul-2018 12:55 (GMT)

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