Coast Investment & Development Company 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 negative revenue was KWD 0.114462 million compared to KWD 0.273508 million a year ago. Net loss was KWD 0.394055 million compared to KWD 0.570862 million a year ago. Basic loss per share from continuing operations was KWD 0.00085 compared to KWD 0.00123 a year ago.
For the six months, negative revenue was KWD 0.338515 million compared to revenue of KWD 1.21 million a year ago. Net loss was KWD 0.916143 million compared to net income of KWD 0.536082 million a year ago. Basic loss per share from continuing operations was KWD 0.00197 compared to basic earnings per share from continuing operations of KWD 0.00115 a year ago.