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Senergy Holding incurs KWD 534,690 losses in 2018

Senergy Holding incurs KWD 534,690 losses in 2018
Senergy Holding’s board of directors recommended not to distribute cash dividends for 2018
SENERGY
SENERGY`R
78.88% 105.00 46.30

Mubasher: Senergy Holding Company on Tuesday announced turning to loss in the fourth quarter of 2018, incurring KWD 108,080 ($356,910), against a profit of KWD 979,140 ($3.23 million) in Q4-17.

For the full-year 2018, the firm suffered losses of KWD 534,690, compared to KWD 71,870 in profits a year earlier, according to a statement to Boursa Kuwait.

On Monday, Senergy Holding Company’s board of directors recommended not to distribute cash dividends for the previous year.