Gulf Franchising Holding Company - K.S.C. (Public) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 0.740532 million compared to KWD 0.927827 million a year ago. Net loss was KWD 0.086717 million compared to KWD 0.010344 million a year ago. Basic loss per share from continuing operations was KWD 0.00217 compared to KWD 0.00026 a year ago.
For the six months, sales was KWD 1.49 million compared to KWD 1.71 million a year ago. Net loss was KWD 0.175586 million compared to KWD 0.077207 million a year ago. Basic loss per share from continuing operations was KWD 0.00439 compared to KWD 0.00193 a year ago.