ALAFCO Aviation Lease and Finance Company K.S.C.P. reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was KWD 20.15 million compared to KWD 24.89 million a year ago. Net loss was KWD 18.84 million compared to KWD 0.613397 million a year ago. Basic loss per share from continuing operations was KWD 0.01979 compared to KWD 0.00064 a year ago.
For the nine months, sales was KWD 71.11 million compared to KWD 76.64 million a year ago. Net loss was KWD 23.37 million compared to KWD 3.15 million a year ago. Basic loss per share from continuing operations was KWD 0.02454 compared to KWD 0.00331 a year ago.