Mubasher: Osoul Investment posted a decline of 20% in profits to about KWD 90,560 ($298,830) in the second quarter of 2017 compared to nearly KWD 113,220 ($373,600) in Q2-16.
During the first six months this year, Osoul reported a drop of 29.9% in profits to around KWD 309,780 compared to nearly KWD 442,010 in H1-16, according to a bourse statement issued on Sunday.
It is worth noting that Osoul registered a decrease of 33.3% in earnings to about KWD 219,220 in Q1-17 from approximately KWD 328,790 in Q1-16.
At the stock level, Osoul closed Sunday’s session 0.17% higher at 59 fils.
