Mubasher: Ekttitab Holding incurred accumulated losses valued at KWD 20.95 million at the end of the fourth quarter (Q4) of 2023, according to a bourse disclosure.
The registered accumulated losses, which represent 65.76% of the paid-up capital, were attributed to a decrease in the fair value of investments due to the share decline in stock prices.
Ekttitab Holding registered net losses amounting to KWD 157,818 in the 12-month period that ended on 31 December 2023, an annual surge from KWD 108,542.
Loss per share increased to KWD 0.49 last year from KWD 0.34 as of 31 December 2022.
