Kuwait’s Future Communications sees lower profits in Q1

Kuwait-Mubasher: Future Communications Global saw a decline of 32.4% in Q1 profits, according to a recent statement.

The KSE-listed firm posted about KWD 190,490 ($630,200) profits in Q1-16 as compared to nearly KWD 281,640 ($931,800) in Q1-15.

The decrease in Q1 earnings resulted from a drop in operating revenues and profits.

 

Mubasher Contribution Time: 28-Apr-2016 10:12 (GMT)
Mubasher Last Update Time: 28-Apr-2016 10:12 (GMT)