Mubasher: Mashaer Holding Co suffered an increase of 20% in losses during the third quarter of 2018 compared to the same period in the prior year.

Losses enlarged to about KWD 708,320 ($2.34 million) in Q3-18 from nearly KWD 590,180 ($1.95 million) in Q3-17, according to a bourse disclosure on Monday.

During the nine-month period in 2018, Mashaer’s losses deepened 2,678.6% to approximately KWD 535,720 compared to approximately KWD 19,280 in the same period last year.