Asiya Capital’s losses shrink 90.6% in Q3

Kuwait – Mubasher: Asiya Capital Investments Co recorded a decrease of 90.6% in losses during the third quarter this year as compared to the same period of 2015.

Losses totalled about KWD 588,980 ($1.93 million) in Q3-16, compared to KWD 6.27 million ($20.59 million) in Q3-15.

Over the first nine months of this year, losses reached KWD 4.63 million which is 25.5% higher from KWD 3.69 million in the corresponding period in 2015.

On the stock level, Asiya fell by 6.25% to reach 30 fils by 10:25am Kuwait time, after 625 shares were traded at a value of KWD 18.8.

 

Mubasher Contribution Time: 15-Nov-2016 08:06 (GMT)
Mubasher Last Update Time: 15-Nov-2016 08:06 (GMT)