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Islamic Finance Briefing - Categorized | Finance, Performance more

Gulf Investment House posts full-year loss of $71 mln

Posted on 01 April 2010

From Bloomberg: Gulf Investment House, a Kuwait- based Islamic investment firm, posted a full-year loss compared with a profit a year earlier.

Net loss was 20.5 million dinars ($71 million), or 48.69 fils a share, Gulf Investment said today in a statement to the Kuwait bourse. The company posted a profit of 1.8 million dinars, or 4.32 fils, a year earlier……………………………….Full Article: Source

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