Kuwait-Mubasher: Osoul Investment said its losses shrank in the fourth quarter by 25.7% as compared to the same quarter in 2014, according to a statement posted today.

The Kuwaiti company’s losses stood at about KWD 357,100 ($1.19 million) in Q4-15, compared to nearly KWD 480,300 ($1.6 million) in Q4-14.

Meanwhile, the investment firm posted losses worth about KWD 256,900 ($855,025) during the fiscal year 2015, against profits worth nearly KWD 244,400 ($813,422) in FY14.

Osoul stock has not witnessed any trades until 9:15am Kuwait local time on Tuesday. It ended Monday’s session 5.88% down at  32.5 fils.