Al Kout Industrial Projects Company K.P.S.C. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KWD 8.5 million compared to KWD 9.72 million a year ago. Net income was KWD 1.9 million compared to KWD 2.51 million a year ago. Basic earnings per share from continuing operations was KWD 0.01888 compared to KWD 0.02491 a year ago.
For the nine months, sales was KWD 25.61 million compared to KWD 28.28 million a year ago. Net income was KWD 5.64 million compared to KWD 8.2 million a year ago. Basic earnings per share from continuing operations was KWD 0.05593 compared to KWD 0.08131 a year ago.