Kuwait – Mubasher: Al Mudon International Real Estate's losses declined 87.3% year-on-year to KWD 5,020 ($16,520) in the third quarter of 2016 from KWD 39,520 ($130,040).
The company's losses also retreated 64.2% to KWD 75,290 in the first nine months of 2016 from KWD 210,110 in the year-ago period
Al Mudon earlier reported KWD 70,270 losses for the first half of the year, compared to KWD 170,580 in the prior-year period.
On the stock market’s level, Al Mudon rose 1.64% to reach 31 fils, through trading 5.63 million shares at a value of KWD 174,800 on Monday.
