Bahrain - Mubasher: Inovest company said on Sunday it turned to losses in the first quarter of 2015, reaching $991,000 (BHD 373,000) against a net profit of $1.5 million (BHD 565,500) in the same period in 2014, according to filings to the Kuwait and Bahrain stock markets on Sunday.

The Bahrain-based investment firm previously reported reducing annual losses by 22.4% to $3.8 million in the fiscal year 2014 from $4.9 million in 2013.