Total net profits of firms listed on the Kuwait Stock Exchange slumped by about 73 percent in the first nine months of the year due to the global financial crisis, an economic report said on Sunday.
The 187 firms that declared results so far posted a total net income of 800.3 million dinars (2.8 billion dollars) compared to 2.93 billion dinars (10.3 billion dollars) in the same period last year, Al-Shall Economic Consultants said.
The 15 companies that did not declare results include five that have a different fiscal year and 10 that have been suspended from trading.
No comments:
Post a Comment