Abyaar Real Estate Q1 losses shrink 14.5%

Mubasher: Abyaar Real Estate Development posted a decrease of 14.5% in losses during the first quarter of 2019 compared to the same period a year ago.

Losses narrowed to about KWD 136,260 ($449,140) from January to March 2019 when compared to nearly KWD 156,050 ($514,370) in Q1-18.

The decrease in Q1 losses is attributed to foreign currencies translation differences, Abyaar said in a bourse disclosure on Thursday.

Mubasher Contribution Time: 16-May-2019 09:22 (GMT)
Mubasher Last Update Time: 16-May-2019 09:24 (GMT)