Mubasher: Effect Real Estate reported a 43% year-on-year drop in losses for the fiscal year ended 31 January.
Net losses amounted to KWD 200,010 in the 12-month period ended in January, compared to KWD 351,140 in the same period of the prior year, according to the company’s statement to Boursa Kuwait on Wednesday.
It is worth noting that Effect posted a 237.3% year-on-year hike in losses during the third quarter of 2018, recording KWD 61,060.
