Advanced Technology Company K.S.C.P. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KWD 43.38 million compared to KWD 36.38 million a year ago. Net loss was KWD 0.042903 million compared to net income of KWD 1.36 million a year ago. Basic loss per share from continuing operations was KWD 0.00029 compared to basic earnings per share from continuing operations of KWD 0.0091 a year ago.
For the nine months, sales was KWD 125.11 million compared to KWD 101.9 million a year ago. Net income was KWD 5.81 million compared to KWD 5.57 million a year ago. Basic earnings per share from continuing operations was KWD 0.03872 compared to KWD 0.03716 a year ago.