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Four Kuwaiti firms to discuss financials Wednesday

Four Kuwaiti firms to discuss financials Wednesday
Photo Credit: Arabianeye-Reuters
MEZZAN
MEZZAN
0.00% 800.00 0.00
SRE
SRE
0.23% 441.00 1.00
MANAZEL
MANAZEL
9.25% 36.60 3.10

KUWAITRE
KUWAITRE
-4.86% 352.00 -18.00

Kuwait – Mubasher: Four Kuwaiti companies listed on Kuwait Stock Exchange (KSE) will disclose their financial statements for the period ended 30 September, 2016.

The companies are Manazel Holding, Kuwait Reinsurance, Salhia Real Estate, and Mezzan Holding.

Manazel has suffered losses worth about KWD 399,250 in the second quarter this year versus profits of about KWD 2,390 in the same period of 2015.

Kuwait Reinsurance achieved profits of nearly KWD 132,230 in Q2-16 from about KWD 501,220 in Q2-15.

Salhia achieved profits worth KWD 2.6 million in Q2-16 as compared with KWD 4.2 million in Q2-15.

Mezzan posted profits standing at KWD 5 million during the second quarter of 2016.