Coast Investment & Development Company K.S.C.P. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was KWD 0.636683 million compared to KWD 0.18895 million a year ago. Net income was KWD 0.38539 million compared to net loss of KWD 0.074169 million a year ago. Basic earnings per share from continuing operations was KWD 0.00083 compared to basic loss per share from continuing operations of KWD 0.00016 a year ago.
For the nine months, revenue was KWD 0.298168 million compared to KWD 1.4 million a year ago. Net loss was KWD 0.530753 million compared to net income of KWD 0.461913 million a year ago. Basic loss per share from continuing operations was KWD 0.00114 compared to basic earnings per share from continuing operations of KWD 0.00099 a year ago.