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International Resorts to consider delisting mid-October

International Resorts to consider delisting mid-October
International Resorts stock closed Wednesday’s session at 20.4 fils
IRC
IRC
-9.00% 9.10 -0.90

Mubasher: International Resorts will hold a board meeting on Monday, 15 October, to discuss the income statements of the third quarter ended on 30 September 2018.

The board members will also consider the recommendation of withdrawing its shares from Boursa Kuwait, according to a bourse disclosure on Wednesday.

It is noteworthy that in the second quarter of 2018, International Resorts registered a decrease of 53.2% in profits to about KWD 203,490 when compared to around KWD 435,130 in the same period a year ago.

At the stock level, International Resorts closed Wednesday’s session at 20.4 fils.