NREC reports a net loss of KD 2.3 million for Q1/2023 – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
- Date: 16-May-2023
- Source: Arab Times Kuwait
- Sector:Real Estate
- Country:Kuwait
NREC reports a net loss of KD 2.3 million for Q1/2023 – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News
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KUWAIT CITY, May 14: National Real Estate Company (NREC)reported its financial and operational results for the three-month period ended March 31, 2023. The Company reported a net loss attributable to the owners of the Parent Company of KD 2.3millionand a loss per share of 1.27fils in Q1 2023, compared to a net profit of KD 3.3 million and an EPS of1.84fils in Q1 2022.