Al Madar Finance and Investment 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 0.122175 million compared to KWD 0.038525 million a year ago. Revenue was KWD 0.106221 million compared to KWD 0.040082 million a year ago. Net loss was KWD 0.051633 million compared to KWD 0.1077 million a year ago. Basic loss per share from continuing operations was KWD 0.00025 compared to KWD 0.00052 a year ago.
For the nine months, sales was KWD 0.366306 million compared to KWD 0.149014 million a year ago. Revenue was KWD 0.390533 million compared to negative revenue of KWD 0.011273 million a year ago. Net loss was KWD 0.119139 million compared to KWD 0.528398 million a year ago. Basic loss per share from continuing operations was KWD 0.00058 compared to KWD 0.00255 a year ago.