Mayadeen losses narrow 1% in Q3

Kuwait – Mubasher: National Ranges (Mayadeen) said Monday in a bourse filing that its net losses for the third quarter cut 1% year-on-year to KWD 727,880 ($2.4 million) from KWD 758,610 ($2.5 million).

In the first nine months, net losses reached KWD 2.07 million, lower 11.9% from KWD 2.35 million for the prior-year period.

In the first six months, the company logged KWD 1.34 million losses, down 15.71% year-on-year from KWD 1.59 million. 

Mubasher Contribution Time: 14-Nov-2016 07:41 (GMT)
Mubasher Last Update Time: 14-Nov-2016 07:42 (GMT)