ALAFCO Aviation Lease and Finance Company K.S.C.P. reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was KWD 9.18 million compared to KWD 20.15 million a year ago. Net loss was KWD 3.2 million compared to KWD 18.84 million a year ago. Basic loss per share from continuing operations was KWD 0.00336 compared to KWD 0.01979 a year ago.
For the nine months, sales was KWD 26.15 million compared to KWD 71.11 million a year ago. Net loss was KWD 3.4 million compared to KWD 23.37 million a year ago. Basic loss per share from continuing operations was KWD 0.00357 compared to KWD 0.02454 a year ago.