Asiya Capital turns to losses in Q2

Kuwait – Mubasher: Asiya Capital Investments Co. achieved KWD 1.66 million ($5.5 million) losses in the second quarter of 2016 against KWD 2.65 million ($8.78 million) profits in Q2-15.

The company's losses reached KWD 4.04 million in the first half of 2016 versus KWD 2.58 million profits in the year-ago period.

The decrease in the company's results is due to the declining trend in the equity market, according to a bourse filing on Wednesday.

Mubasher Contribution Time: 17-Aug-2016 06:02 (GMT)
Mubasher Last Update Time: 17-Aug-2016 06:04 (GMT)