Mubasher: Gulf Petroleum Investment (PetroGulf) suffered a loss of KWD 1.16 million ($3.84 million) in the third quarter of 2017, 95.3% higher than KWD 594,000 ($1.97 million) in the same period a year ago.
During the nine-month period of 2017, PetroGulf turned into losses of KWD 3.63 million against a profit of KWD 2.38 million in the same period a year ago.
In the first half of 2017, the company incurred a loss of KWD 2.47 million versus a gain of KWD 2.97 million in H1-16.
At the stock level, PetroGulf closed Monday’s session 3.55% higher at 29.2 fils.
