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Burgan for Well Drilling’s Q3 profits fall 79%

Burgan for Well Drilling’s Q3 profits fall 79%
Photo Credit: Arabianeye-Reuters
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Kuwait-Mubasher: Burgan for Well Drilling registered profits worth around KWD 166,500 ($554,820) in the third quarter of 2015, compared to KWD 801,360 ($2.67 million) in the same quarter of 2014, a decrease of 79.2%.

During the first nine months of 2015, the Kuwaiti company’s profits reached KWD 1.95 million, surging 778.5% from KWD 221,980 in the nine months of 2014.