Kuwait 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 2.78 million compared to KWD 1.91 million a year ago. Revenue was KWD 8 million compared to negative revenue of KWD 5.1 million a year ago. Net income was KWD 3.02 million compared to net loss of KWD 8.42 million a year ago. Basic earnings per share from continuing operations was KWD 0.00576 compared to basic loss per share from continuing operations of KWD 0.01537 a year ago.
For the six months, sales was KWD 5.43 million compared to KWD 3.78 million a year ago. Revenue was KWD 14.21 million compared to KWD 4.51 million a year ago. Net income was KWD 3.41 million compared to net loss of KWD 3.55 million a year ago. Basic earnings per share from continuing operations was KWD 0.0065 compared to basic loss per share from continuing operations of KWD 0.00648 a year ago.