Mubarrad Holding Company K.S.C.P. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:16 pm EST
Mubarrad Holding Company K.S.C.P. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was KWD 254,750 compared to KWD 341,034 a year ago. Operating income was KWD 203,500 compared to KWD 272,987 a year ago. Net income was KWD 203,235 compared to KWD 263,542 a year ago. Basic earnings per share from continuing operations was KWD 1.24 compared to KWD 1.61 a year ago. For the nine months, sales was KWD 505,883 compared to KWD 648,391 a year ago. Operating income was KWD 253,432 compared to KWD 781,047 a year ago. Net income was KWD 263,183 compared to KWD 658,274 a year ago. Basic earnings per share from continuing operations was KWD 1.61 compared to KWD 4.09 a year ago.