Al Madar Finance and Investment announced earnings results for the third quarter and nine months ended September 2013. For the period, the company in a bourse filing it managed to cut its net loss to KD 1.52 million from a net loss of KD 11.94 million a year earlier. The loss per share stood at 7.34 fils, compared with 57.66 fils.

For the third quarter, the company booked a net profit of KD 355,700, recovering from a net loss of KD 7.4 million in the same period last year.