Abyaar Real Estate Q3 losses hike 63%

Mubasher: Abyaar Real Estate Development registered an increase of 63.4% in losses during the third quarter of 2018 compared to the same period in the prior year.

Losses deepened to KWD 1.4 million ($4.61 million) in Q3-18 from KWD 857,000 ($2.82 million) in Q3-17, according to a bourse statement on Monday.

From January to September 2018, losses declined by 17.1% to KWD 1.46 million against KWD 1.76 million in the corresponding period in 2017.

Mubasher Contribution Time: 19-Nov-2018 09:21 (GMT)
Mubasher Last Update Time: 19-Nov-2018 09:56 (GMT)