United Real Estate Company S.A.K.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 7.96 million compared to KWD 6.48 million a year ago. Revenue was KWD 21.96 million compared to KWD 20.36 million a year ago. Net income was KWD 4.98 million compared to KWD 0.139967 million a year ago. Basic earnings per share from continuing operations was KWD 0.00463 compared to KWD 0.00013 a year ago.
For the six months, sales was KWD 15.44 million compared to KWD 12.9 million a year ago. Revenue was KWD 40.73 million compared to KWD 43.11 million a year ago. Net income was KWD 6.58 million compared to KWD 1.27 million a year ago. Basic earnings per share from continuing operations was KWD 0.00612 compared to KWD 0.00118 a year ago.