Shares in Kuwait’s IFA sink as group reports loss of Dh69m | The National

Shares in Kuwait’s IFA sink as group reports loss of Dh69m | The National:



"International Financial Advisors (IFA) swung to a loss in the third quarter, sending its shares down 8 per cent.



The Kuwait investment group reported a total loss of 5.5 million Kuwaiti dinars (Dh69.4m), down from a profit of 1.4m dinars in the same period last year. Its total comprehensive loss for nine months ending September 30 was 17.2m dinars, down from a profit of 6.4m dinars.



IFA was not immediately available for a comment.

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