Gulf Franchising Holding 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 0.569637 million compared to KWD 0.696795 million a year ago. Net loss was KWD 0.142328 million compared to net income of KWD 1.12 million a year ago. Basic loss per share from continuing operations was KWD 0.00356 compared to basic earnings per share from continuing operations of KWD 0.02802 a year ago.
For the nine months, sales was KWD 2.06 million compared to KWD 2.41 million a year ago. Net loss was KWD 0.317914 million compared to net income of KWD 1.04 million a year ago. Basic loss per share from continuing operations was KWD 0.00795 compared to basic earnings per share from continuing operations of KWD 0.02609 a year ago.