Mubasher: Kuwait Syrian Holding has turned to loss during the third quarter of the fiscal year 2019.

The Boursa Kuwait-listed company reported a net loss of KWD 38,890 ($128,410) in Q3-19, according to a bourse statement released on Thursday.

In the first nine months of 2019, Kuwait Syrian posted a net loss of KWD 331,480.

It is worth noting that the company’s loss soared 163% to KWD 292,590 in the first half of 2019, compared to KWD 111,050 in the year-ago period.