Independent Petroleum Group K.S.C.P. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 189.06 million compared to KWD 470.28 million a year ago. Net income was KWD 2.36 million compared to KWD 2.28 million a year ago. Basic earnings per share from continuing operations was KWD 0.01303 compared to KWD 0.01261 a year ago.
For the six months, sales was KWD 440.07 million compared to KWD 855.57 million a year ago. Net income was KWD 3.82 million compared to KWD 3.64 million a year ago. Basic earnings per share from continuing operations was KWD 0.02115 compared to KWD 0.02012 a year ago.