Coast Investment & Development Company K.S.C.P. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was KWD 0.18895 million compared to KWD 2.25 million a year ago. Net loss was KWD 0.074169 million compared to net income of KWD 1.84 million a year ago. Basic loss per share from continuing operations was KWD 0.00016 compared to basic earnings per share from continuing operations of KWD 0.00396 a year ago.
For the nine months, revenue was KWD 1.4 million compared to KWD 3.95 million a year ago. Net income was KWD 0.461913 million compared to KWD 2.89 million a year ago. Basic earnings per share from continuing operations was KWD 0.00099 compared to KWD 0.00622 a year ago.