Mubasher: Gulf North Africa Holding announced that a fully-owned subsidiary has sold a property in Hawally area in Kuwait at a total value of KWD 1.37 million.
This transaction, dated on 18 December, has resulted in a loss of KWD 380,000 that will be registered in the income statements of fiscal year 2018, the Boursa Kuwait-listed company added on Tuesday.
At the stock level, Gulf North Africa closed Tuesday’s session 1.45% higher at 49 fils.