Kuwait – Mubasher: KAMCO Investment Company reported Sunday a net loss of KWD 880,600 in the third quarter of 2015, versus a profit of KWD 1.1 million for the same period last year.
The company’s nine-month loss came to KWD 735,920, against a profit of KWD 2.28 million in the same period year ago.
The Kuwait listed company said that it turned to losses as result of the fall in prices of its shares.
Total revenues came to KWD 3.5 million during the January-September period, compared to KWD 6.7 million for the same period of 2014.
Meanwhile, KAMCO said that it manages assets worth KWD 3.3 billion ($11 billion).
