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Mena Real Estate’s Q3 losses narrow 29.7%

Mena Real Estate’s Q3 losses narrow 29.7%
Photo Credit: Arabianeye-Reuters
MENA
MENA
1.52% 40.00 0.60

Kuwait-Mubasher: Mena Real Estate managed to decrease its losses by 29.7% in the third quarter of 2015, as they reached about KWD 108,700 ($361,800), compared to about KWD 154,600 ($514,600) in Q3-14.

Mena posted KWD 254,600 profits during the nine months ended 31 December, 2015, against losses worth KWD 292,000 in the same period of 2014.

Mena stock ended Wednesday’s trading session 2.56% down to 19 fils.