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Kuwait Investment Company 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 sales was KWD 0.951342 million compared to KWD 2.82 million a year ago. Revenue was KWD 3.12 million compared to KWD 3.33 million a year ago. Net loss was KWD 0.34219 million compared to KWD 2.01 million a year ago. Basic loss per share from continuing operations was KWD 0.00065 compared to KWD 0.00366 a year ago.For the nine months, sales was KWD 6.38 million compared to KWD 6.61 million a year ago. Revenue was KWD 17.33 million compared to KWD 7.84 million a year ago. Net income was KWD 3.07 million compared to net loss of KWD 5.56 million a year ago. Basic earnings per share from continuing operations was KWD 0.00585 compared to basic loss per share from continuing operations of KWD 0.01014 a year ago.
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | 1.91 | 8 | 6.21 | |
Gross Profit | 11.23 | 1.94 | 7.97 | 6.18 |
Operating Income | -0.604 | 4.93 | 3.04 | |
Net Income | -0.342 | 3.02 | 0.387 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 245.08 | 257.21 | 249.06 | |
Total Liabilities | 97.98 | 106.75 | 101.93 | |
Total Equity | 147.1 | 150.46 | 147.13 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 11.48 | -3.03 | 12.81 | |
Cash From Investing Activities | 1.19 | -3.29 | -1.47 | -0.443 |
Cash From Financing Activities | -8.75 | 2.19 | -15.29 | |
Net Change in Cash | -0.623 | -2.32 | -2.91 |
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