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Kuwait Financial Centre - KPSC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KWD 0.464 million compared to KWD 0.911 million a year ago. Revenue was KWD 6.89 million compared to KWD 1.36 million a year ago. Net income was KWD 2.02 million compared to net loss of KWD 1.9 million a year ago. Basic earnings per share from continuing operations was KWD 0.004 compared to basic loss per share from continuing operations of KWD 0.004 a year ago.For the nine months, sales was KWD 2.14 million compared to KWD 2.76 million a year ago. Revenue was KWD 14.04 million compared to KWD 11.24 million a year ago. Net income was KWD 0.711 million compared to KWD 0.533 million a year ago. Basic earnings per share from continuing operations was KWD 0.001 compared to KWD 0.001 a year ago.
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | 5.33 | 2.94 | 5.72 | 0.418 |
Gross Profit | 5.33 | 2.94 | 5.72 | 0.418 |
Operating Income | 0.144 | 0.694 | 2.93 | -2.44 |
Net Income | 2.02 | 1.86 | -3.18 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 170.28 | 187.02 | 197.82 | 209.73 |
Total Liabilities | 57.45 | 73.53 | 81.64 | 82.47 |
Total Equity | 112.83 | 113.49 | 116.18 | 127.26 |
Period Ending: | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -3.55 | 5.93 | -4.19 | 0.181 |
Cash From Investing Activities | 22.85 | 10.45 | -0.787 | 1.75 |
Cash From Financing Activities | -23.6 | -15.34 | -3.86 | -0.513 |
Net Change in Cash | -3.94 | 0.875 | -8.75 | 1.52 |
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