Al Massaleh Real Estate K.S.C.P. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 1.21 million compared to KWD 1.2 million a year ago. Net loss was KWD 0.25382 million compared to KWD 2.26 million a year ago. Basic loss per share from continuing operations was KWD 0.00108 compared to basic earnings per share from continuing operations of KWD 0.00117 a year ago. Basic loss per share was KWD 0.00108 compared to KWD 0.0096 a year ago.
For the six months, sales was KWD 2.45 million compared to KWD 2.4 million a year ago. Net loss was KWD 0.504964 million compared to KWD 2.27 million a year ago. Basic loss per share from continuing operations was KWD 0.00606 compared to basic earnings per share from continuing operations of KWD 0.00112 a year ago. Basic loss per share was KWD 0.00214 compared to KWD 0.00965 a year ago.