Kuwait – Mubasher: Amwal International Investment posted on Wednesday a net loss of KWD 27,549 ($90,450) for the third quarter of fiscal 2016, 279% up from KWD 7,271 ($23,870) for Q3-15.
Net profit for the first nine months of 2016 fell 91% to KWD 21,800 from KWD 239,116 for the same period last year, according to a bourse filing.
The company earlier reported a net profit of KWD 49,360 for the first half of 2016, versus KWD 246,390 for H1-15.
