IFA Hotels and Resorts - KPSC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 8.69 million compared to KWD 11.61 million a year ago. Net loss was KWD 0.480435 million compared to KWD 0.396839 million a year ago. Basic loss per share from continuing operations was KWD 0.00262 compared to KWD 0.00216 a year ago.
For the six months, sales was KWD 19.79 million compared to KWD 23.84 million a year ago. Net loss was KWD 0.372841 million compared to KWD 0.65373 million a year ago. Basic loss per share from continuing operations was KWD 0.00203 compared to KWD 0.00357 a year ago.