Mubasher: National Industries Group Holding suffered losses during the fourth quarter of 2016 against a profit during the same period of 2015.
The company, which is listed on both Boursa Kuwait and Dubai Financial Market, incurred a loss of KWD 19.13 million ($62.7 million) in Q4-16 versus profits worth KWD 15.58 million ($51.1 million) in Q4-15, according to a bourse statement issued on Thursday.
During fiscal year 2016, National Industries suffered losses of KWD 24.19 million against a profit of KWD 25.43 million in FY15.