Kuwait – Mubasher: Energy House Holding turned to losses in the third quarter of 2016.
The company suffered losses of KWD 2.5 million ($8.23 million) in Q3-2016, against profits of KWD 294,550 ($971,560) in the similar period of the previous year.
As for the first nine months of 2016, the firm’s losses widened 496.45% to KWD 3.989 million from KWD 668,888 in the year-ago period.
Energy House increased 5.9% to 45 Kuwaiti fils, through trading 33,250 shares at a value of KWD 1,430 on Thursday.
