Yiaco Medical H1 losses shrink 99%

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.

Mubasher Contribution Time: 12-Aug-2018 10:29 (GMT)
Mubasher Last Update Time: 12-Aug-2018 10:57 (GMT)

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