Kuwait – Mubasher: Kuwait and Middle East Financial Investment (KMEFIC) suffered losses in the second quarter this year, 1,091.12% higher from the same period in 2015.
Losses reached about KWD 732,270 ($2.4 million) in Q2-16 from around KWD 61,480 ($202,800) in Q2-15, according to a bourse statement.
During the first six months of this year, losses deepened by 277.94% to KWD 1.3 million from about KWD 349,770 in H1-15.