Kuwait-Mubasher: Ekttitab Holding, listed on Kuwait and Dubai’s bourses, made losses of KWD 253,250 ($838,850) in the first quarter of 2016, according to a bourse statement.

The sharia-compliant investor showed profits of KWD 106,590 ($353,060) in Q1-15.

The company ascribed its poor results to investment loss of KWD 3.35 million ($11.11 million) in Q1-16.