Kuwait Financial Centre - 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 0.929 million compared to KWD 0.829 million a year ago. Negative revenue was KWD 2.36 million compared to revenue of KWD 10.83 million a year ago. Net loss was KWD 5.37 million compared to net income of KWD 6.36 million a year ago. Basic loss per share from continuing operations was KWD 0.011 compared to basic earnings per share from continuing operations of KWD 0.013 a year ago.
For the six months, sales was KWD 1.85 million compared to KWD 1.72 million a year ago. Revenue was KWD 9.88 million compared to KWD 19.06 million a year ago. Net income was KWD 2.43 million compared to KWD 10.41 million a year ago. Basic earnings per share from continuing operations was KWD 0.005 compared to KWD 0.021 a year ago.