Al Madar Finance and Investment Company K.S.C.P. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 0.148112 million compared to KWD 0.135215 million a year ago. Net income was KWD 0.073218 million compared to net loss of KWD 0.041406 million a year ago. Basic earnings per share from continuing operations was KWD 0.000354 compared to basic loss per share from continuing operations of KWD 0.0002 a year ago.
For the six months, sales was KWD 0.287432 million compared to KWD 0.244131 million a year ago. Net income was KWD 0.021445 million compared to net loss of KWD 0.067506 million a year ago. Basic earnings per share from continuing operations was KWD 0.000104 compared to basic loss per share from continuing operations of KWD 0.000326 a year ago.