Mubasher: Ekttitab Holding, listed on both Boursa Kuwait and the Dubai Financial Market (DFM), recorded a decrease of 55.3% in losses during the fourth quarter of 2017 compared to the same period last year.

Losses shrank to approximately KWD 585,060 ($1.95 million) in Q4-17 from KWD 1.31 million ($4.37 million) in Q4-16, according to a recent bourse statement.

In fiscal year 2017, losses decreased by 35% to around KWD 922,860 from KWD 1.42 million in the previous year.

At the stock level, Ekttitab closed Tuesday’s session 2.32% higher at Boursa Kuwait, while it rose by 2.7% at the DFM.