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Hayat Communications incurs losses in Q2

Hayat Communications incurs losses in Q2
Hayat Communications suffered a loss of KWD 227,760 in H1
HAYATCOMM
HAYATCOMM
-1.30% 91.00 -1.20

Mubasher: Hayat Communications suffered a loss of nearly KWD 86,810 ($751,580) during the second quarter of 2018 against profits worth nearly KWD 30,270 ($99,890) in the same period in the prior year, according to a bourse statement on Thursday.

During the first six months of 2018, the telecom company incurred an increase of 608.9% in losses to nearly KWD 227,760 from about KWD 32,130 in the same half a year ago.