Al Massaleh Real Estate 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 1.2 million compared to KWD 1.18 million a year ago. Net loss was KWD 2.26 million compared to net income of KWD 0.101768 million a year ago. Basic earnings per share from continuing operations was KWD 0.00117 compared to KWD 0.00065 a year ago. Basic loss per share was KWD 0.0096 compared to basic earnings per share of KWD 0.00043 a year ago.
For the six months, sales was KWD 2.4 million compared to KWD 2.34 million a year ago. Net loss was KWD 2.27 million compared to net income of KWD 0.197358 million a year ago. Basic earnings per share from continuing operations was KWD 0.00112 compared to KWD 0.00106 a year ago. Basic loss per share was KWD 0.00965 compared to basic earnings per share of KWD 0.00084 a year ago.