Kuwait – Mubasher: Kuwait and Middle East Financial Investment Company (KMEFIC) reported a decline of 3.4% in losses during the first quarter of 2017 as compared to the same period of 2016.
The losses shrank to about KWD 569,710 ($1.87 million) in Q1-17 from nearly KWD 589,630 ($1.93 million) in Q1-16, according to a bourse filing issued on Tuesday.
The lower losses in Q1 resulted from higher revenue and expenses.
