IFA Hotels and Resorts - KPSC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KWD 11.61 million compared to KWD 13.51 million a year ago. Net loss was KWD 0.396839 million compared to net income of KWD 2.67 million a year ago. Basic loss per share from continuing operations was KWD 0.0021 compared to KWD 0.0059 a year ago. Basic loss per share was KWD 0.0021 compared to basic earnings per share of KWD 0.0145 a year ago.
For the six months, sales was KWD 23.84 million compared to KWD 24.24 million a year ago. Net loss was KWD 0.65373 million compared to net income of KWD 2.68 million a year ago. Basic loss per share from continuing operations was KWD 0.0036 compared to KWD 0.0122 a year ago. Basic loss per share was KWD 0.0036 compared to basic earnings per share of KWD 0.0147 a year ago.