IFA Hotels and Resorts - KPSC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KWD 6.69 million compared to KWD 4.51 million a year ago. Net income was KWD 4.41 million compared to KWD 0.33142 million a year ago. Basic earnings per share from continuing operations was KWD 0.024 compared to KWD 0.0018 a year ago. Basic earnings per share was KWD 0.024 compared to KWD 0.0018 a year ago.
For the nine months, sales was KWD 30.53 million compared to KWD 28.74 million a year ago. Net income was KWD 3.75 million compared to KWD 3.01 million a year ago. Basic earnings per share from continuing operations was KWD 0.0205 compared to basic loss per share from continuing operations of KWD 0.0104 a year ago. Basic earnings per share was KWD 0.0205 compared to KWD 0.0165 a year ago.