Mubasher: Sanam Real Estate suffered losses worth KWD 118,000 ($385,470) during the fourth quarter of 2016 against a profit of KWD 17,000 ($55,530) in the same period of 2015.
During the fiscal year, the company’s losses widened by 193.6% to about KWD 258,350 from KWD 88,000 in FY15, according to a bourse statement issued on Thursday.
