Commercial Real Estate Company K.P.S.C. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KWD 7.06 million compared to KWD 6.56 million a year ago. Revenue was KWD 3.38 million compared to KWD 15.83 million a year ago. Net income was KWD 3.96 million compared to KWD 12.85 million a year ago. Basic earnings per share from continuing operations was KWD 0.0022 compared to KWD 0.0069 a year ago.
For the nine months, sales was KWD 21.27 million compared to KWD 18.43 million a year ago. Revenue was KWD 17.59 million compared to KWD 29.68 million a year ago. Net income was KWD 12.55 million compared to KWD 16.43 million a year ago. Basic earnings per share from continuing operations was KWD 0.0069 compared to KWD 0.009 a year ago.