Kuwait Projects Company Holding 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 net interest income was KWD 11.37 million compared to KWD 25.59 million a year ago. Net income was KWD 5.24 million compared to KWD 2.25 million a year ago. Basic loss per share from continuing operations was KWD 0.0011 compared to KWD 0.0017 a year ago. Basic earnings per share was KWD 0.0004 compared to basic loss per share of KWD 0.0005 a year ago.
For the six months, net interest income was KWD 33.89 million compared to KWD 48.26 million a year ago. Net income was KWD 10.37 million compared to KWD 5.48 million a year ago. Basic loss per share from continuing operations was KWD 0.0009 compared to KWD 0.0023 a year ago. Basic earnings per share was KWD 0.0015 compared to KWD 0.0008 a year ago.