Mubasher: Manazel Holding has reported a 77% year-on-year loss decline during the third quarter of 2019.
The company’s loss dropped to KWD 42,770 ($141,090) in Q3-19, compared to KWD 187,360 ($618,090) in the year-ago period, according to a bourse statement released on Wednesday.
In the first nine months of 2019, Manazel’s loss grew to KWD 704,880, from KWD 651,430 a year earlier.
It is worth highlighting that the Boursa Kuwait-listed company reported a 10.6% YoY loss increase during the second quarter of 2019, recording KWD 402,700 ($1.33 million).
