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Kuwait Syrian Holding turns profitable in H1

Kuwait Syrian Holding turns profitable in H1
Photo Credit: Arabianeye-Reuters
EMIRATES
EMIRATES`R
206.12% 165.00 111.10

Kuwait Syrian Holding’s year-half results turned positive with profits of about KWD 454,300 ($1.5 million) against losses worth KWD 7.15 million ($23.54 million) in 2014, according to a bourse filing.

Profits are generated from its investments throughout 2015, while last year’s losses came from excluding the subsidiaries’ financial results, the multi-sector company said.