Kuwait – Mubasher: Tamdeen Investment posted a decline of 2.9% in profits during the first quarter of 2017, compared to the same period in the previous year.

Earnings shrank to KWD 7.97 million ($26.02 million) in Q1-17 from KWD 8.21 million ($26.8 million) in Q1-16, according to a bourse statement issued on Sunday.

At the stock level, Tamdeen Investment on Sunday was the top loser with a fall of 6.35% by 10:05 am Kuwait time.