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Marakez losses down 14% in Q2

Marakez losses down 14% in Q2
Photo Credit: Arabianeye-Reuters
MARAKEZ
MARAKEZ`R
831.75% 587.00 524.00

Kuwait - Mubasher: Real Estate Trade Centers Co. (Marakez) reported a 14.3% decline in losses in the second quarter of 2016, to KWD 28,690 ($94,900), down from KWD 33,470 ($110,700) in the same period last year.

Losses also decreased 13% year-on-year in the first half of the year, to KWD 60,370 down from KWD 69,360 in H1-15, according to a bourse filing on Monday.