Sultan Center Food Products Company - K.S.C. (Public) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 46.06 million compared to KWD 46.97 million a year ago. Revenue was KWD 46.94 million compared to KWD 49.5 million a year ago. Net loss was KWD 1.3 million compared to net income of KWD 1.35 million a year ago. Basic loss per share from continuing operations was KWD 0.00464 compared to basic earnings per share from continuing operations of KWD 0.00485 a year ago. Basic loss per share was KWD 0.00464 compared to basic earnings per share of KWD 0.00485 a year ago.
For the six months, sales was KWD 94.36 million compared to KWD 94.56 million a year ago. Revenue was KWD 96.3 million compared to KWD 99.45 million a year ago. Net loss was KWD 1.27 million compared to net income of KWD 2.21 million a year ago. Basic loss per share from continuing operations was KWD 0.00454 compared to basic earnings per share from continuing operations of KWD 0.00901 a year ago. Basic loss per share was KWD 0.00454 compared to basic earnings per share of KWD 0.00792 a year ago.