Mubasher: GFH Financial Group, listed on Kuwait, Bahrain and Dubai’s bourses, turned to losses in the third quarter of 2016, according to a bourse statement.
The group incurred losses of $8.26 million in Q3-16, against profits of $4.32 million in Q3-15.
Profits fell 46% to $9.71 million in the first nine months of 2016, compared to $17.98 million in the prior-year period.
Revenues reached $99.34 million in the same nine-month period of 2016, down 48.1% from $67.08 million.
