Heavy Engineering Industries and Shipbuilding 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 28.78 million compared to KWD 30.56 million a year ago. Net income was KWD 1.19 million compared to KWD 1.21 million a year ago. Basic earnings per share from continuing operations was KWD 0.00663 compared to KWD 0.00671 a year ago.
For the nine months, sales was KWD 84.98 million compared to KWD 100.07 million a year ago. Net income was KWD 3.2 million compared to KWD 4.14 million a year ago. Basic earnings per share from continuing operations was KWD 0.01778 compared to KWD 0.02296 a year ago.