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Kuwait Syrian Holding Q1 financials turn negative

Kuwait Syrian Holding Q1 financials turn negative
Photo Credit: Arabianeye-Reuters
EMIRATES
EMIRATES`R
207.98% 166.00 112.10

Kuwait Syrian Holding (KSH) posted losses worth about KWD 10,740 in Q1-15, against a net profit of KWD 1.11 million in Q1-14.

The Kuwait-based company reported its loss per share reached 0.06 fils in Q1-15 against 6.29 fils earnings per share in Q1-14.

KSH suffered losses of KWD 7.22 million in the fiscal year ended 31 December, 2014 compared to losses worth around KWD 994,400 in 2013.