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Al Mal Investment incurs loss from unit’s exiting deals

Al Mal Investment incurs loss from unit’s exiting deals
Properties in Kuwait
ALMAL
ALMAL
-3.28% 5.90 -0.20

Mubasher: Al Mal Investment has incurred KWD 280,000 loss from exiting deals conducted by its subsidiary Diyar Al Kuwait Real Estate during the third quarter of the fiscal year 2019.

The incurred loss will appear in the joint financial statement for the nine-month period ended 30 September 2019, Al Mal said in a bourse statement released on Tuesday.

It is worth highlighting that Al Mal Investment suffered KWD 884,330 loss in the first half of 2019.