Heavy Engineering Industries and Shipbuilding 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 sales was KWD 39.54 million compared to KWD 28.78 million a year ago. Net income was KWD 1.56 million compared to KWD 1.19 million a year ago. Basic earnings per share from continuing operations was KWD 0.00865 compared to KWD 0.00663 a year ago.
For the nine months, sales was KWD 106.54 million compared to KWD 84.98 million a year ago. Net income was KWD 4.03 million compared to KWD 3.2 million a year ago. Basic earnings per share from continuing operations was KWD 0.02234 compared to KWD 0.01778 a year ago.