Munshaat Real Estate Projects Company K.S.C.P. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KWD 3.49 million compared to KWD 0.702911 million a year ago. Net income was KWD 1.04 million compared to net loss of KWD 9.15 million a year ago. Basic earnings per share from continuing operations was KWD 0.00323 compared to basic loss per share from continuing operations of KWD 0.02842 a year ago.
For the six months, sales was KWD 5.76 million compared to KWD 1.48 million a year ago. Net income was KWD 1.19 million compared to net loss of KWD 11.32 million a year ago. Basic earnings per share from continuing operations was KWD 0.00368 compared to basic loss per share from continuing operations of KWD 0.03516 a year ago.