Global Knafaim Leasing Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 2.81 million compared to USD 3.08 million a year ago. Net income was USD 3.37 million compared to net loss of USD 1.02 million a year ago. Basic earnings per share from continuing operations was USD 0.021 compared to basic loss per share from continuing operations of USD 0.008 a year ago. Diluted earnings per share from continuing operations was USD 0.021.
For the six months, sales was USD 4.62 million compared to USD 6.72 million a year ago. Net loss was USD 0.982 million compared to USD 4.63 million a year ago. Basic loss per share from continuing operations was USD 0.006 compared to USD 0.038 a year ago.