Kuwait – Mubasher: Manazel Holding suffered losses worth about KWD 399,250 ($1.32 million) in the second quarter this year against profits worth about KWD 2,390 ($7,900) in the same quarter of 2015.
During the first half of 2016, the Kuwait-based company posted losses of nearly KWD 746,660 versus about KWD 358,820 in H1-15, according to a bourse statement issued Wednesday.