Photo Credit: Arabianeye-Reuters
KHOT
KHOT
-4.43%
151.00
-7.00
KHOT
Kuwait-Mubasher: The nine-month financials of Kuwait Hotels showed losses worth approximately KWD 90,900 ($298,700), against earnings of nearly KWD 130,800 ($429,700) in the same period of 2014.
The negative turn in the company’s 9M financials resulted from due taxes of previous years, customers’ provisions, and provisions for impairment of inventory.
Source:
Mubasher