Mubasher: Al Aman Investment reported losses of KWD 96,000 ($317,100) in the third quarter of the year, versus earnings of KWD 131,000 ($432,700) for the corresponding period in 2018, as shown by the company’s financial statements.
In the nine-month period ended 30 September, profits declined by around 6.5% to KWD 935,000, compared with roughly KWD 1 million a year earlier.
The company attributed the decreasing profits to increased fees and costs.