Kuwait Investment Company K.S.C.P. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KWD 1.91 million compared to KWD 1.16 million a year ago. Negative revenue was KWD 5.1 million compared to revenue of KWD 14.45 million a year ago. Net loss was KWD 8.42 million compared to net income of KWD 10.24 million a year ago. Basic loss per share from continuing operations was KWD 0.01537 compared to basic earnings per share from continuing operations of KWD 0.01869 a year ago.
For the six months, sales was KWD 3.78 million compared to KWD 2.77 million a year ago. Revenue was KWD 4.51 million compared to KWD 21.76 million a year ago. Net loss was KWD 3.55 million compared to net income of KWD 13.78 million a year ago. Basic loss per share from continuing operations was KWD 0.00648 compared to basic earnings per share from continuing operations of KWD 0.02514 a year ago.