Kuwait Cement Company K.P.S.C. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KWD 17.52 million compared to KWD 12.6 million a year ago. Net income was KWD 0.662888 million compared to net loss of KWD 2.42 million a year ago. Basic earnings per share from continuing operations was KWD 0.00093 compared to basic loss per share from continuing operations of KWD 0.00339 a year ago.
For the nine months, sales was KWD 48.05 million compared to KWD 36.46 million a year ago. Net income was KWD 0.896565 million compared to net loss of KWD 2.8 million a year ago. Basic earnings per share from continuing operations was KWD 0.00126 compared to basic loss per share from continuing operations of KWD 0.00393 a year ago.