Photo Credit: Arabianeye-Reuters
KGL
KGL`R
KGL`R
Kuwait-Mubasher: Kuwait and Gulf Link Transport Company reported a 25.3% drop in losses to KWD 721,250 ($2.39 million) in the first quarter of 2015, compared to KWD 966,020 ($3.2 million) in the same period of 2014.
Loss per share fell to 2.73 fils in Q1-15 from 3.66 fils in Q1-14, according to a filing to Kuwait Stock Exchange.
The company previously reported a rise in net profits to KWD 2.15 million in Q4-14, compared to KWD 972,400 in Q4-13.
Source:
Mubasher
