Mabanee Company K.P.S.C. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KWD 30.58 million compared to KWD 29.31 million a year ago. Revenue was KWD 30.58 million compared to KWD 29.31 million a year ago. Net income was KWD 15.87 million compared to KWD 15.5 million a year ago. Basic earnings per share from continuing operations was KWD 0.0114 compared to KWD 0.0111 a year ago.
For the nine months, sales was KWD 91.96 million compared to KWD 82.59 million a year ago. Revenue was KWD 91.96 million compared to KWD 82.59 million a year ago. Net income was KWD 47.61 million compared to KWD 45.25 million a year ago. Basic earnings per share from continuing operations was KWD 0.0341 compared to KWD 0.0324 a year ago.