Kuwait and Middle East Financial Investment Company 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 0.181553 million compared to KWD 0.16305 million a year ago. Revenue was KWD 2.86 million compared to KWD 1.4 million a year ago. Net income was KWD 1.2 million compared to KWD 0.19989 million a year ago. Basic earnings per share from continuing operations was KWD 0.00545 compared to KWD 0.00091 a year ago.
For the six months, sales was KWD 0.354875 million compared to KWD 0.317646 million a year ago. Revenue was KWD 2.42 million compared to KWD 3.08 million a year ago. Net loss was KWD 0.769289 million compared to net income of KWD 0.71212 million a year ago. Basic loss per share from continuing operations was KWD 0.0035 compared to basic earnings per share from continuing operations of KWD 0.00324 a year ago.