Kuwait – Mubasher: Al Dar National Real Estate posted a decline by 63% in losses during the third quarter of 2016 as compared to the same period a year ago.

Losses shrank to about KWD 36,950 ($120,930) in Q3-16, compared with nearly KWD 99,940 ($327,100) in Q3-15, according to a bourse statement issued on Monday.

During the nine-month period, losses narrowed by 16.13% to total KWD 169,80 this year from approximately KWD 202,480 in the same period of 2015.