Kuwait Projects Company Holding 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 net interest income was KWD 33.11 million compared to KWD 26.71 million a year ago. Net income was KWD 1.31 million compared to KWD 0.497 million a year ago. Basic earnings per share from continuing operations was KWD 0.0002 compared to basic loss per share from continuing operations of KWD 0.001 a year ago. Basic earnings per share was KWD 0.0002 compared to KWD 0.0002 a year ago.
For the nine months, net interest income was KWD 67 million compared to KWD 74.96 million a year ago. Net income was KWD 11.68 million compared to KWD 5.98 million a year ago. Basic loss per share from continuing operations was KWD 0.0007 compared to KWD 0.0033 a year ago. Basic earnings per share was KWD 0.0017 compared to KWD 0.001 a year ago.