Kuwait – Mubasher: Bayan Investment posted a plunge of 86.1% in profits for the second quarter of 2016 as compared to the same period in 2015.
Earnings reached about KWD 42,860 ($141,770) in Q2-16 versus nearly KWD 308,970 ($1.02 million) in Q2-15, according to a bourse filing issued Monday.
During the first half of 2016, profits stood at nearly KWD 156,860 as compared with about KWD 118,470 in H1-15.
