Ali Al-Ghanim Sons Automotive 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 63.81 million compared to KWD 48.47 million a year ago. Revenue was KWD 63.81 million compared to KWD 48.47 million a year ago. Net income was KWD 7.42 million compared to KWD 4.73 million a year ago. Basic earnings per share from continuing operations was KWD 0.02709 compared to KWD 0.01749 a year ago. Basic earnings per share was KWD 0.02709 compared to KWD 0.01704 a year ago.
For the six months, sales was KWD 126.5 million compared to KWD 88.25 million a year ago. Revenue was KWD 126.5 million compared to KWD 88.25 million a year ago. Net income was KWD 13.42 million compared to KWD 8.8 million a year ago. Basic earnings per share from continuing operations was KWD 0.04895 compared to KWD 0.03254 a year ago. Basic earnings per share was KWD 0.04895 compared to KWD 0.03172 a year ago.