Al Safat Investment Company K.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 0.809897 million compared to KWD 0.813036 million a year ago. Net income was KWD 0.016165 million compared to net loss of KWD 0.110995 million a year ago. Basic earnings per share from continuing operations was KWD 0.00006 compared to basic loss per share from continuing operations of KWD 0.00039 a year ago.
For the nine months, sales was KWD 2.39 million compared to KWD 2.37 million a year ago. Net income was KWD 0.105059 million compared to net loss of KWD 1.02 million a year ago. Basic earnings per share from continuing operations was KWD 0.00037 compared to basic loss per share from continuing operations of KWD 0.00361 a year ago.