Ekttitab incurs KWD 3.35 million worth of investment loss (Photo Credit: Arabianeye-Reuters)
EKTTITAB
EKTTITAB
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EKTTITAB
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.
Source:
Mubasher