Kuwait – Mubasher: Osos Holding Group’s net profit for the second quarter of the fiscal year 2016 declined by 69.1% to KWD 247,520 ($819,800) from KWD 802,010 ($2.65 million) for Q2-15.
In the first half of fiscal 2016, net profit grew by 195.7% to KWD 4.8 million, versus KWD 1.64 million in H1-15, according to a bourse filing released on Sunday.
The company earlier posted a net profit of LWD 4.61 million for Q1-16, compared to KWD 840,300 for Q1-15.
