Kuwait-Mubasher: Privatization Holding saw a negative turn in financials for the first quarter last year, suffering losses worth KWD 1.6 million ($5.31 million), against about KWD 791,860 ($2.63 million) profits in Q4-14, according to a bourse statement.
The Kuwait-listed company achieved profits worth nearly KWD 109,800 ($365,149) during the fiscal year 2015, 97.8% down from KWD 5.04 million ($16.76 million) in 2014.
