Kuwait – Mubasher: Bayan Investment reported a plunge of 96.2% in H1 net profit to about KWD 118,470 ($391,250) , compared to KWD 3.1 million ($10.24 million) in the corresponding period of 2014, according to a bourse statement.

The Kuwaiti investment company achieved a growth of 19.3% to nearly KWD 308,970 in net profit for the second quarter of 2015, compared to about KWD 258,950 in Q2-14.

Meanwhile, Bayansaw a negative turn in the first quarter results, as it posted losses worth around KWD 190,490 ($630,000).