Aayan Leasing losses shrink in Q2, profits drop 95 in H1

Mubasher: Aayan Leasing and Investment reported a drop of 35.5% in losses during the second quarter of 2018 compared to the same period a year ago.

Losses shrank to KWD 254,000 ($839,400) in Q2-18 from KWD 394,000 ($1.3 million) in Q2-17, according to a bourse statement on Monday.

During the first six months of 2018, Aayan Leasing posted a plunge of 95.1% in profits to approximately KWD 227,280 from KWD 4.67 million in the same half a year ago.

Mubasher Contribution Time: 13-Aug-2018 07:21 (GMT)
Mubasher Last Update Time: 13-Aug-2018 07:26 (GMT)