Kuwait – Mubasher: Ikarus Petroleum Industries suffered losses of about KWD 188,570 ($620,300) in the second quarter this year against profits worth KWD 3.16 million ($10.4 million) in the same period in 2015.
During the first half of 2016, Ikarus posted about KWD 916,710 losses versus profits worth KWD 4.01 million in H1-15.
The company’s stock ended Tuesday at 39.5 fils, after about 99,400 shares were traded at a value of approximately KWD 3,930.
