Kuwait – Mubasher: Equipment Holding reported KWD 1.68 million losses ($5.52 million) during the third quarter of 2016, deeper 290% year-on-year from KWD 430,730 ($1.41 million), a Wednesday's bourse filing revealed.

In the first nine months, net losses widened 217% to KWD 2.93 million from KWD 925,090 for the first nine months of 2015.

Over the first half of 2016, losses increased 152.9% year-over-year to KWD 1.25 million from 494,360.