Al Kout Industrial Projects Company K.P.S.C. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 8.4 million compared to KWD 10.78 million a year ago. Net income was KWD 1.94 million compared to KWD 3.62 million a year ago. Basic earnings per share from continuing operations was KWD 0.01918 compared to KWD 0.03589 a year ago.
For the six months, sales was KWD 17.11 million compared to KWD 18.56 million a year ago. Net income was KWD 3.74 million compared to KWD 5.69 million a year ago. Basic earnings per share from continuing operations was KWD 0.03705 compared to KWD 0.0564 a year ago.