Arzan Financial Group for Financing and Investment - KPSC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 0.0577 million compared to KWD 0.049187 million a year ago. Revenue was KWD 4.34 million compared to KWD 8.3 million a year ago. Net income was KWD 1.48 million compared to KWD 5.75 million a year ago. Basic earnings per share from continuing operations was KWD 0.0018 compared to KWD 0.007 a year ago. Diluted earnings per share from continuing operations was KWD 0.0018 compared to KWD 0.007 a year ago.
For the six months, sales was KWD 0.115359 million compared to KWD 0.086473 million a year ago. Revenue was KWD 10.21 million compared to KWD 14.89 million a year ago. Net income was KWD 5.25 million compared to KWD 9.17 million a year ago. Basic earnings per share from continuing operations was KWD 0.0064 compared to KWD 0.0111 a year ago. Diluted earnings per share from continuing operations was KWD 0.0064 compared to KWD 0.0111 a year ago.