Remal Real Estate 9M financials turn negative

Kuwait-Mubasher: Kuwait Remal Real Estate posted losses worth about KWD 626,300 ($2.05 million) in the first nine months, against earnings of KWD 1.05 million ($3.44 million) in the same period of 2014.

The company noted that the negative turn achieved in the 9M financials resulted from the reduction in real estate rental income, according to a bourse statement.
 

 

Mubasher Contribution Time: 16-Nov-2015 06:54 (GMT)