TAHSSILAT`R
Credit Rating and Collection (Tahssilat) registered a leap of 112% to about KWD 285,400 ($939,600) in losses for the first half of 2015, compared to nearly KWD 134,600 ($443,300) in H1-14, the company said in a bourse statement on Thursday.
Tahssilat’s Q2 financial results turned negative to about KWD 112,900 losses, against earnings worth nearly KWD 13,020 in Q2-14.
The company’s stock fell to 42 fils by the mid-session of Thursday, as around 1,500 shares were traded.