Mubasher: Credit Rating and Collection (Tahssilat) registered a decrease of 73.2% in losses during the third quarter of 2018 compared to the same period a year ago.

Losses shrank to about KWD 72,440 ($239,400) in Q3-18 from nearly KWD 269,840 ($891,600) in Q3-17, according to a bourse statement on Sunday.

During the first nine months ended on 30 September 2018, the firm incurred a loss of approximately KWD 262,140 against profits of nearly KWD 830,160 in the same period a year ago.