Mubasher: Sanam Real Estate reported a decline of 60% in losses during the first quarter of 2018 compared to the same quarter in the previous year.
Losses shrank to about KWD 30,750 ($102,240) in Q1-18 from nearly KWD 76,940 ($255,830) in Q1-17, according to a bourse statement on Sunday.
The decline in Q1 losses is attributed to an improvement registered in Sanam’s investment portfolio.
