Kuwait – Mubasher: Taiba Kuwaiti Holding posted a drop of 92.3% in losses during the third quarter of 2016 as compared to the same period a year ago.
Losses amounted to nearly KWD 38,610 ($126,700) in Q3-16, compared with around KWD 499,300 ($1.64 million) in Q3-15, the company said in a bourse statement issued on Thursday.
Meanwhile, Taiba Kuwaiti achieved profits worth about KWD 107,650 in the nine-month period against losses of approximately KWD 525,040 in the same period a year ago.
