Privatization Holding Company - K.P.S.C. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KWD 2.03 million compared to KWD 1.01 million a year ago. Revenue was KWD 1.48 million compared to negative revenue of KWD 0.256342 million a year ago. Net loss was KWD 1.87 million compared to KWD 2.27 million a year ago. Basic loss per share from continuing operations was KWD 0.00306 compared to KWD 0.00372 a year ago.
For the nine months, sales was KWD 3.79 million compared to KWD 4.6 million a year ago. Revenue was KWD 4.44 million compared to KWD 7.16 million a year ago. Net loss was KWD 3.14 million compared to KWD 0.609496 million a year ago. Basic loss per share from continuing operations was KWD 0.00514 compared to KWD 0.001 a year ago.