Kuwait – Mubasher: Specialities Group Holding said it brought down its losses for the second quarter of 2016 by 99.2%, as it reached KWD 14,520 ($48,030).
The firm suffered KWD 1.85 million in losses for the same period of the previous year.
As for the first half of 2016, the company logged losses of KWD 134,740 down by 91.4% from KWD 1.57 million it posted in the same period a year earlier.
The company also stated that its operating profits went down 4.9% to KWD 5.64 million in the first half of 2016, from KWD 5.93 million it reported at the similar period of the previous year.
