MENA Real Estate Company - KSCP reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was KWD 0.049706 million compared to KWD 0.101913 million a year ago. Revenue was KWD 0.065506 million compared to negative revenue of KWD 1 million a year ago. Net income was KWD 0.049562 million compared to net loss of KWD 1.51 million a year ago. Basic earnings per share from continuing operations was KWD 0.00036 compared to basic loss per share from continuing operations of KWD 0.01107 a year ago.
For the nine months, sales was KWD 0.145224 million compared to KWD 0.126422 million a year ago. Negative revenue was KWD 0.796305 million compared to KWD 1.1 million a year ago. Net loss was KWD 0.948323 million compared to KWD 5.13 million a year ago. Basic loss per share from continuing operations was KWD 0.00697 compared to KWD 0.03771 a year ago.