Privatization Holding Company - K.P.S.C. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KWD 1.62 million compared to KWD 2.03 million a year ago. Revenue was KWD 3.18 million compared to KWD 1.53 million a year ago. Net income was KWD 0.769917 million compared to net loss of KWD 1.87 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 0.00306 a year ago.
For the nine months, sales was KWD 3.49 million compared to KWD 3.79 million a year ago. Revenue was KWD 4.09 million compared to KWD 4.59 million a year ago. Net loss was KWD 2.68 million compared to KWD 3.14 million a year ago. Basic loss per share from continuing operations was KWD 0.00439 compared to KWD 0.00514 a year ago.