Mubasher: The financial results of United Gulf Investment Corporation showed a decline in losses by 45.6% in the third quarter of 2016, according to a bourse filing.
Losses reached BHD 1.033 million ($2.72 million) in Q3-16 compared to losses of BHD 1.898 million ($5 million) in Q3-15.
The company also reported decreased losses in the first nine months of 2016 to BHD 595,090 compared to losses of BHD 2.86 million in the same period last year.