Kuwait – Mubasher: Sokouk Holding Company posted on Wednesday a net loss of KWD 491,700 ($1.62 million for the third quarter of the fiscal year 2016, against a net profit of KWD 462,600 ($1.52 million) for Q3-15.
The company’s results for the first nine months of the year came negative with a net loss of KWD 2.3 million, compared to a net profit of KWD 15,540 for the same period last year, according to a bourse filing.
Sokouk earlier reported a net loss of KWD 1.8 million for the first half of 2016, 296% up from KWD 447,000 foe H1-15.
