Taameer Q3 losses shrink 85% YoY

Kuwait – Mubasher: Taameer Real Estate Investment’s losses decreased by 85% during the third quarter of 2016 as compared to the same period a year ago.

Losses amounted to nearly KWD 42,553 ($139,700) in Q3-16 from approximately KWD 277,192 ($910,000) in Q3-15, the company said in a bourse filing issued on Wednesday.

From January to September this year, losses declined by 52% to about KWD 447,937 from nearly KWD 928,811 in the same period a year ago.

 

Mubasher Contribution Time: 16-Nov-2016 08:31 (GMT)
Mubasher Last Update Time: 16-Nov-2016 08:31 (GMT)