Kuwait-Mubasher: Al Massaleh Real Estate said Tuesday its losses surged as much as 842% to KWD 688,730 in the first half of 2015, due to decreased fair value for certain investments as shown in the income statement.
The company reported losses of KWD 73,120 for the half-year period compared to figures from a year earlier, according to a bourse filing.
The company’s capital amounts to KWD 235.6 million, distributed on 235.6 million shares at 100 fils par value each.
