Bayan Investment Holding Company (K.S.C) Public reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 0.073794 million compared to KWD 0.125321 million a year ago. Revenue was KWD 0.189147 million compared to KWD 0.432562 million a year ago. Net loss was KWD 0.011137 million compared to net income of KWD 0.125846 million a year ago. Basic loss per share from continuing operations was KWD 0.000054. Basic loss per share was KWD 0.000054 compared to basic earnings per share of KWD 0.0005 a year ago.
For the six months, sales was KWD 0.160122 million compared to KWD 0.240288 million a year ago. Revenue was KWD 0.27924 million compared to KWD 0.622364 million a year ago. Net loss was KWD 0.269153 million compared to net income of KWD 0.006249 million a year ago. Basic loss per share from continuing operations was KWD 0.00131.