Kuwait's Al Mowasat revenues drop by 32pct


(MENAFN) Al Mowasat Health Care recorded a drop of 32 percent in profits amid the third quarter of this year compared to the same period of 2015.

Additionally, earnings reached to almost USD1.23mn in the cited period of this year compared to USD1.81mn in Q3 of 2015.

Moreover, among the Jan-Sep period of this year, revenues grew to 8.8 percent or KWD2.72mn from KWD2.5mn in the same period of 2015.

Accordingly, the firm earnings per share stood at 26.79 fils in the cited period as compared to 24.59 fils in the same period of last year.


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