Sultan Center Food Products Company - K.S.C. (Public) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KWD 44.37 million compared to KWD 44.32 million a year ago. Revenue was KWD 45.19 million compared to KWD 46.74 million a year ago. Net loss was KWD 1.62 million compared to net income of KWD 1.29 million a year ago. Basic loss per share from continuing operations was KWD 0.00579 compared to basic earnings per share from continuing operations of KWD 0.0046 a year ago. Basic loss per share was KWD 0.00579 compared to basic earnings per share of KWD 0.0046 a year ago.
For the nine months, sales was KWD 138.74 million compared to KWD 138.89 million a year ago. Revenue was KWD 141.49 million compared to KWD 146.19 million a year ago. Net loss was KWD 2.89 million compared to net income of KWD 3.5 million a year ago. Basic loss per share from continuing operations was KWD 0.01034 compared to basic earnings per share from continuing operations of KWD 0.01361 a year ago. Basic loss per share was KWD 0.01034 compared to basic earnings per share of KWD 0.01252 a year ago.