Educational Holding incurs KWD 900,000 losses from liquidating unit

Mubasher: Educational Holding Group has completed the procedures for liquidating a warehouse of the 92%-owned subsidiary Kuwait Lab General Trading & Contracting Co.

This liquidation process resulted in a loss of KWD 89,000 that will be registered in the consolidated income statements of the second quarter ended on 28 February 2019, according to a bourse statement on Monday.

Mubasher Contribution Time: 11-Mar-2019 12:25 (GMT)
Mubasher Last Update Time: 11-Mar-2019 12:45 (GMT)