Mabanee Company K.P.S.C. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 30.52 million compared to KWD 26.59 million a year ago. Revenue was KWD 30.52 million compared to KWD 26.59 million a year ago. Net income was KWD 15.88 million compared to KWD 15.24 million a year ago. Basic earnings per share from continuing operations was KWD 0.0114 compared to KWD 0.0109 a year ago.
For the six months, sales was KWD 61.38 million compared to KWD 53.28 million a year ago. Revenue was KWD 61.38 million compared to KWD 53.28 million a year ago. Net income was KWD 31.74 million compared to KWD 29.76 million a year ago. Basic earnings per share from continuing operations was KWD 0.0228 compared to KWD 0.0213 a year ago.