Kuwait – Mubasher: Al Arabiya Real Estate on Sunday reported a 23.6% decrease in its losses for the first quarter of 2017, compared to the same period in the year before.
Losses amounted to KWD 509,850 ($1.67 million) in Q1-17, compared to KWD 667,210 ($2.18 million) in Q1-16, according to a filing to Boursa Kuwait.
The Kuwaiti real estate company had previously turned to losses recording KWD 6.8 million in 2016, against profits of KWD 1.76 million in 2015.
