Kuwait Bahrain International’s Q4 profits fall 16.5%

Mubasher: Kuwait Bahrain International Exchange registered a 16.5% drop in profits of the fourth quarter of 2015 as compared to the same period in 2014.

Earnings reached about KWD 109,390 ($361,840) in Q4 versus nearly KWD 130,940 ($433,120) in the same period a year earlier, according to a bourse statement.

During the fiscal year of 2015, profits decreased by 35.2% to about KWD 480,390 as compared to around KWD 741,820 in FY14.

 

Mubasher Contribution Time: 08-Aug-2016 13:56 (GMT)
Mubasher Last Update Time: 08-Aug-2016 13:56 (GMT)