Kuwait – Mubasher: International Resorts Co. said financial results for the first half of 2015 showed that net loss narrowed by 29%.

The Kuwait-listed firm logged KWD 554,720 ($1.83 million) net loss for H1-15, compared with KWD 780,510 ($2.57 million) in the same period a year earlier.

The resorts firm ascribed the improved results to Al Safat Market management and development contract.