Mubasher: Yiaco Medical reported a plunge of 97% in losses during the second quarter of 2018 compared to the same period a year ago.
Losses shrank to KWD 260,000 in Q2-18 from KWD 8.54 million in Q2-17, according to a bourse statement on Sunday.
During the first half of 2018, Yiaco Medical registered a decline of 99% in losses to about KWD 91,200 compared to KWD 8.4 million in the same half a year ago.
The drop in H1 losses is attributed to calculating required provisions in the period when compared to the same half last year.