Kuwait – Mubasher: Tamdeen Investment posted a fall of 76% in profits during the second quarter of 2016 as compared with the same period in the prior year.
Earnings decreased to about KWD 752,700 ($2.5 million) in Q2-16 versus KWD 3.2 million ($10.6 million) in Q2-15, according to a recent bourse filing.
During the first half this year, profits reached KWD 8.96 million, 14% down from KWD 10.42 million in the corresponding period in 2015.
