Kuwait – Mubasher: Privatization Holding Co. posted a 62.8% fall in net profit for the first half of 2015 to about KWD 1 million ($3.3 million), down from KWD 2.69 million ($8.86 million) reported in the year-earlier period.

The company’s stock shrugged off the weak results, as it rose 3.26% to 47.5 fils on Tuesday.

It recorded a traded volume of 1.15 million shares, exchanged in 36 transactions at turnover reaching KWD 53,940.