Kuwait-Mubasher: Securities Group suffered losses worth KWD 10.37 million ($34.7 million) in the third quarter ended 31 December, 2015, against profits of about KWD 752,140 ($2.5 million) in the same quarter of 2014.
The company has reported KWD 7.9 million losses during the nine months ended 31 December, 2015, against earnings worth KWD 3.3 million in the corresponding period of 2014.
The Kuwaiti company said that the poor performance resulted from a decrease in some financial assets which were available for sale.
