Kuwait's Global makes Q3 loss of $19.6 mln

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KUWAIT | Mon Nov 9, 2009 7:37am EST

KUWAIT Nov 9 (Reuters) - Kuwait's Global Investment House (GLOB.KW) made a net loss of 5.6 million dinars ($19.64 million) in the third-quarter.

Net loss in the nine months to Sept. 30 came in at 104.2 million dinars, Global said in statement on Monday. It posted a net profit of 20.7 million dinars in the third quarter of 2008.

The investment firm said that its total debt to be restructured stands at about 500 million dinars. (Reporting by Eman Goma)

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