Kuwait – Mubasher: Hayat Communications on Tuesday reported a 12% decrease in its net profits for the second quarter of 2016.
The company's net profits reached KWD 17,390 ($57,700) in Q2-16 from KWD 19,779 ($65,400) in Q2-15.
The Kuwaiti-listed company's losses retreated 33% to KWD 69,500 in the six-month period from KWD 103,600 in the year-ago period.
