Kuwait – Mubasher: Equipment Holding’s losses deepened 18.1% during the second quarter this year as compared to the same period a year ago.

Losses increased to about KWD 844,420 ($2.79 million) in Q2-16 from around KWD 714,890 ($2.36 million) in Q2-15, according to a bourse statement.

During the first half this year, losses jumped 152.9% to reach KWD 1.25 million as compared to about KWD 494,360 losses in H1-15.