Privatization Holding Company - K.P.S.C. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 0.815337 million compared to KWD 0.923446 million a year ago. Revenue was KWD 0.637529 million compared to KWD 1.53 million a year ago. Net loss was KWD 1.49 million compared to KWD 3.94 million a year ago. Basic loss per share from continuing operations was KWD 0.00245 compared to KWD 0.00646 a year ago.
For the six months, sales was KWD 1.86 million compared to KWD 1.76 million a year ago. Revenue was KWD 0.904555 million compared to KWD 3.06 million a year ago. Net loss was KWD 3.45 million compared to KWD 1.27 million a year ago. Basic loss per share from continuing operations was KWD 0.00566 compared to KWD 0.00208 a year ago.