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National Slaughter House turns to losses in Q2

National Slaughter House turns to losses in Q2
Photo credit: Arabianeye - Reuters
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Kuwait – Mubasher: National Slaughter House posted on Wednesday a net loss of KWD 357,000 ($1.1 million) for the second quarter of 2016, against a net profit of KWD 60,206 ($200,700) for Q2-15.

In the first half of the year, net profit losses amounted to KWD 37,979, versus a net profit of KWD 127,904 for the same period of 2015, according to a bourse filing.

The company earlier reported a net loss of KWD 37,620 for Q1-16, compared to a net profit of KWD 67,690 for Q1-15.