Credit Rating and Collection (Tahssilat) posted losses worth about KWD 172,500 in the first quarter of 2015 compared to around KWD 148,300 in Q1-14.

Tahssilat’s loss per share rose to 1.05 fils in Q1-15 from 0.89 fils in Q1-14, the company said in a filing to the Kuwait Stock Exchange.

Tahssilat incurred nearly KWD 9,300 in losses for the first quarter of 2015, against earnings worth about KWD 65,480 in the same period of 2014.