Mubasher: Danah Al Safat Foodstuff posted a 21.2% year-on-year drop in losses for the first quarter of 2019.

Net losses amounted to KWD 197,600 in Q1-19, compared to KWD 250,780 in Q1-18, according to a filing to Boursa Kuwait on Thursday.

The drop in first-quarter losses was attributed to an increase in net operating profits.