Kuwait and Middle East Financial Investment 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 0.213099 million compared to KWD 0.193695 million a year ago. Negative revenue was KWD 0.882224 million compared to revenue of KWD 1.26 million a year ago. Net loss was KWD 2.31 million compared to net income of KWD 0.144416 million a year ago. Basic loss per share from continuing operations was KWD 0.0105 compared to basic earnings per share from continuing operations of KWD 0.0007 a year ago.
For the nine months, sales was KWD 0.567974 million compared to KWD 0.511341 million a year ago. Revenue was KWD 1.54 million compared to KWD 4.34 million a year ago. Net loss was KWD 3.08 million compared to net income of KWD 0.856536 million a year ago. Basic loss per share from continuing operations was KWD 0.014 compared to basic earnings per share from continuing operations of KWD 0.0039 a year ago.