Kuwait – Mubasher: Gulf Franchising Holding Company (GFC) posted a 27.9% decline year-on-year in its losses during the third quarter of 2016, according to a bourse statement.
Losses reached KWD 105,700 ($347,020) in Q3-16, compared to KWD 146,500 ($480,970) in Q3-15.
In the first nine months of 2016, losses fell 53.2% to KWD 144,500 from KWD 308,700 in the same period of 2015.
