Warba Insurance and Reinsurance Company (K.S.C.P.) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was KWD 0.693424 million compared to net income of KWD 0.101679 million a year ago. Basic loss per share from continuing operations was KWD 0.0029 compared to basic earnings per share from continuing operations of KWD 0.0004 a year ago.
For the nine months, net income was KWD 1.22 million compared to KWD 1.91 million a year ago. Basic earnings per share from continuing operations was KWD 0.005 compared to KWD 0.008 a year ago.