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The financial statements of the Kuwait and Gulf Transport Company showed the high losses of the company last year by 1668.9% on an annual basis.
The company achieved losses in the fourth quarter of last year with 9.69 million dinars, against the losses of the Similar period from 2019 and 2.33 million dinars.
The Board of Directors recommended at its meeting on Tuesday, not to distribute any profits for the last fiscal year ended 31 December 2020.
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