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Kuwait Cable Vision trims losses in Q4, 2018

Kuwait Cable Vision trims losses in Q4, 2018
The company’s losses levelled down 56.3% to KWD 83,920 in 2018
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Mubasher: Kuwait Cable Vision on Tuesday reported a 59.8% year-on-year decline in losses during the fourth quarter of 2018, logging KWD 12,520 ($41,340), from KWD 31,160 ($102,900).

The company’s losses levelled down 56.3% to KWD 83,920 from January to December 2018, compared to KWD 191,860 in 2017, according to a statement to Boursa Kuwait.

On Monday, the board of the advanced audio and visual media solutions’ provider approved the future expansion plans, postponed increasing revenues, and discussed the possibility of existing from investments in Yemen.