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Energy House Q1 financials turn negative

Energy House Q1 financials turn negative
Photo Credit: Arabianeye-Reuters
ENERGYH
ENERGYH
-2.83% 103.00 -3.00

The Energy House Holding Company reported KWD 1.024 million ($3.38 million) in net losses for the first quarter of 2015, against about KWD 234,300 ($774,000) in earnings for the same period of 2014.

Losses per share totalled 1.366 fils in Q1-2015, against 0.312 fils as earning per share in Q1-2014.

The firm posted losses worth KWD 1.76 million in 2014, against earnings worth KWD 1.14 million in 2013.

The KSE-listed firm’s capital stands at KWD 75 million, distributed on 750 million shares with a par value of 100 fils a share.