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Livestock Transport’s loss goes down in Q3-19

Livestock Transport’s loss goes down in Q3-19
Loss declined to KWD 1.23m in Q3
CATTL
CATTL
0.95% 106.00 1.00

Mubasher: Livestock Transport and Trading has reported a 36.22% year-on-year loss decline during the third quarter of 2019.

Loss declined to KWD 1.23 million ($4.06 million) in Q3-19, from KWD 1.93 million ($6.37 million) in Q3-18, according to a bourse statement released on Thursday.

In the first nine months of 2019, the Boursa Kuwait-listed company turned to profit, recording a net profit of KWD 99,310.

It is worth mentioning that Livestock Transport turned to profitability in the second quarter of 2019 as compared to the same quarter a year earlier.