Kuwait - Mubasher: Abyaar Real Estate Development Company reported a net loss of about KWD 349,760 ($1.16 million) in the second quarter of 2016, against a net profit of nearly KWD 164,880 ($546,140) in the same period last year.
The company also recorded a net loss of around KWD 395,750 during the first half of the year versus a net profit of approximately KWD 285,280 in H1-15, according to the company’s statement to the Kuwait Stock Exchange (KSE) on Sunday.
