Mubasher: Kuwait Real Estate Holding (Al Aqaria) incurred a loss of about KWD 34,210 ($113,300) during the second quarter of 2018 against profits worth nearly KWD 17,500 ($58,000) in the same period last year.
During the first six months of 2018, profits shrank by 47.3% to approximately KWD 32,340 from around KWD 61,340 in the same period last year, according to a bourse statement on Wednesday.
The decline in H1-18 profits is attributed to lower dividends.
At the stock level, Al Aqaria closed Wednesday’s session at 30.7 fils.
