Kuwait – Mubasher: Manazel Holding will hold its board meeting on Wednesday, 9 November, to discuss the financial statements for the third quarter ended 30 September, 2016, according to a bourse statement issued Wednesday.
In the second quarter, the company suffered losses of about KWD 399,250 against a profit of about KWD 2,390 in the same period a year ago.
Manazel stock fell by 1.8% to 27.5 fils on Wednesday after about 281,000 shares were traded at a value about KWD 7,730.
Meanwhile, the board of Ikarus Petroleum Industries will also hold a meeting on 9 November to overview Q3 financials.
During Q2, Ikarus suffered losses of about KWD 188,570 versus profits worth KWD 3.16 million in the same quarter a year ago.
Ikarus stock ended today’s session at 1.7% to 29.5 fils after about 9,540 shares were traded at a value of nearly KWD 281,400.
