Kuwait-Mubasher: Kuwait Finance and Investment (KFIC) suffered losses worth about KWD 255,510 ($847,182) in the first quarter of 2016, against profits worth nearly KWD 201,490 ($668,057) in the corresponding period in 2015, the company said in a bourse filing.
KFIC’s operating revenues stood at about KWD 939,295 in Q1-16, 17.15% down from KWD 1.13 million in Q1-15.
