Arzan Financial Group for Financing and Investment - KPSC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KWD 0.057779 million compared to KWD 0.04116 million a year ago. Revenue was KWD 3.38 million compared to KWD 2.04 million a year ago. Net income was KWD 1.39 million compared to KWD 0.216382 million a year ago. Basic earnings per share from continuing operations was KWD 0.001741 compared to KWD 0.0003 a year ago. Diluted earnings per share from continuing operations was KWD 0.001738 compared to KWD 0.0003 a year ago.
For the nine months, sales was KWD 0.173138 million compared to KWD 0.127633 million a year ago. Revenue was KWD 13.59 million compared to KWD 16.93 million a year ago. Net income was KWD 6.64 million compared to KWD 9.38 million a year ago. Basic earnings per share from continuing operations was KWD 0.008216 compared to KWD 0.0114 a year ago. Diluted earnings per share from continuing operations was KWD 0.008199 compared to KWD 0.0114 a year ago.