Mubasher: The losses of Al Themar International Holding narrowed by 99.96% during the third quarter ended 31 December, 2016 as compared to the same period a year ago.

Losses shrank to about KWD 7,860 ($25,710) in Q3 ended 31 December, 2016 from KWD 19.8 million ($64.8 million) in the same period a year ago, according to a bourse statement issued on Sunday.

During the nine-month period ended 31 December, 2016, losses decreased by 98.4% to KWD 329,960 from KWD 20.75 million in the same period a year ago.

On the stock level, Al Themar International ended Sunday’s trading session higher with 6% to 112 fils.