Mubasher TV
Contact Us Advertising   العربية

Tahssilat H1 losses deepen, Q2 results turn negative

Tahssilat H1 losses deepen, Q2 results turn negative
Photo Credit: Arabianeye-Reuters
TAHSSILAT
TAHSSILAT`R
259.08% 172.00 124.10

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.