National Real Estate 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 0.270475 million compared to KWD 2.23 million a year ago. Revenue was KWD 2.66 million compared to KWD 5.95 million a year ago. Net loss was KWD 1.57 million compared to net income of KWD 2.14 million a year ago. Basic loss per share from continuing operations was KWD 0.00088 compared to basic earnings per share from continuing operations of KWD 0.00121 a year ago.
For the six months, sales was KWD 1.89 million compared to KWD 4.47 million a year ago. Revenue was KWD 6.7 million compared to KWD 14.24 million a year ago. Net loss was KWD 3.83 million compared to net income of KWD 5.42 million a year ago. Basic loss per share from continuing operations was KWD 0.00215 compared to basic earnings per share from continuing operations of KWD 0.00306 a year ago.