Mubasher: The losses of Asiya Capital Investments Co deepened by 159% during the fourth quarter of 2016 as compared to the same period in the previous year.
Losses widened to KWD 4.61 million ($15.1 million) in Q4-16 from KWD 1.78 million ($5.8 million) in Q4-15, according to a bourse statement issued on Wednesday.
During the fiscal year, Asiya’s losses increased by 69.2% to total KWD 9.24 million from KWD 5.46 million in FY15.
