Kuwait Medical’s Q3 losses narrow 91%

Kuwait-Mubasher: The losses of Kuwait Medical Services decreased 91% in the third quarter which ended 31 December, 2015, as compared to the same period of 2014.

The company said in a bourse statement that it has posted losses worth about KWD 16,250 ($54,390) in Q3-15, compared to around KWD 175,150 ($586,270) in Q3-14.

During the nine months ended 31 December, 2015, the company managed to shrink its losses by 70% to nearly KWD 155,580 as compared to KWD 518,720 in the corresponding period of 2014. 

Mubasher Contribution Time: 14-Feb-2016 07:08 (GMT)