Kuwait – Mubasher: Boubyan International Industries Holding turned into losses during the quarter during the first quarter ended on 31 October 2016, a bourse statement revealed on Thursday.

The company lost KWD 102,190 over the first quarter against KWD 25.007 for the year-ago period.

The main driver behind Q1 losses is a decrease in investments’ net revenues, the statement showed.

The stock quote steadied at 21.5 fils in Thursday’s trading session.