FINANCIAL NEWS

Kuwait’s Ithmaar Holding records USD1.59mn loss for H1

12 Aug 2017

(MENAFN) Ithmaar Holding has recorded a net loss of USD1.59mn for the Jan-June period of this year, compared to a net profit of USD11.96mn for the same period of 2016.

Additionally, net loss attributable to equity holders for the period was USD9.25mn, compared to a net profit of USD4.4mn reported for the same period of 2016.

Moreover, this involve a net loss of USD7.38mn for the three months period ended June 30, compared to a net profit of USD7.14mn in 2016.

In more details, net loss attributable to equity holders for the three-month period ended June 30 was USD9.82mn, compared to a net profit of USD3.19mn in 2016.

MENAFN1208201700450000ID1095722686

MENAFN1208201700450000ID1095722686

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more

This site is registered on wpml.org as a development site.