Kuwait-Mubasher: Arabi Group Holdings posted a plunge of 71.2% in earnings of the nine months which ended 30 September, 2015.
The Kuwaiti company posted about KWD 589,610 ($1.93 million) profits in 9M-15, compared to KWD 2.05 million ($6.72 million)n 9M-14.
Arabi said that the declining profits resulted from the increasing interest expenses and the decreasing revenues.
