Mubasher TV
Contact Us Advertising   العربية

Amar for Finance and Leasing turns to losses in Q4

Amar for Finance and Leasing turns to losses in Q4
Photo Credit: Arabianeye-Reuters
AMAR
AMAR
0.00% 65.10 0.00

Mubasher: The financial results of Amar for Finance and Leasing showed losses of KWD 1.15 million ($3.76 million) in the fourth quarter last year against profits of KWD 474,130 ($1.55 million) in Q4-15.

Annual losses increased by 871.59% to KWD 1.76 million in 2016, from KWD 181,370 in the year before, according to the company’s statement to Boursa Kuwait on Sunday.