Kuwait-Mubasher: Livestock Transport and Trading posted a drop of 40.6% in the first quarter of 2016 as compared to the same period in 2015.
Earnings declined to KWD 1.11 million ($3.66 million) in Q2-16, from KWD 1.87 million ($6.17 million) in Q2-15, according to a statement issued Thursday.
During the first half of the year, the Kuwaiti company registered a fall of 28.6% to KWD 2.02 million as compared to KWD 2.83 million in the corresponding period of a year earlier.
External sales have negatively affected the financial statements and cause a decrease in profits.
