Falorni Tech Glass Melting Technology

Gulf Glass Manufacturing KSCC: quarterly profits down

Gulf Glass Manufacturing has reported a decrease of 4.3% in profit in the first quarter of 2016 as compared to the same period in 2015, according to a statement issued Wednesday 11 May.

The earnings decreased to about KWD 602,300 ($2 million) in Q1-16, from nearly KWD 629,300 ($2.09 million) in Q1-15.
Gulf Glass stock closed at 410 fils, after falling 3.53% on Wednesday, as liquidity reached around KWD 5,330 when nearly 12,660 shares were exchanged.

Sign up for free to the daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news