National Cleaning incurs losses in Q4

Mubasher: National Cleaning suffered losses worth KWD 209,000 ($685,220) during the fourth quarter of 2016 against profits of KWD 26,000 ($85,240) in the same period a year ago.

During the fiscal year, earnings decreased by 6% to total KWD 362,000 from KWD 385,000 in the previous fiscal year, according to a bourse statement issued on Tuesday.

The board members recommended not to distribute dividends for fiscal year 2016.

 

Mubasher Contribution Time: 28-Mar-2017 06:30 (GMT)
Mubasher Last Update Time: 28-Mar-2017 07:46 (GMT)