Kuwait – Mubasher: Osoul Investment Company reported on Sunday a year-on-year fall of 4.5% in its profits for the second quarter of fiscal 2016.

Net profit reached KWD 113,220 ($374,500) in Q2-16, versus KWD 118,560 ($392,170) in Q2-15, according to a bourse filing.

In the first half of fiscal 2016, net profit amounted to KWD 442,010, 175% up from KWD 160,890 in the same period of 2015.