Independent Petroleum Group 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 470.28 million compared to KWD 240.68 million a year ago. Net income was KWD 2.28 million compared to KWD 2.09 million a year ago. Basic earnings per share from continuing operations was KWD 0.01261 compared to KWD 0.01153 a year ago.
For the six months, sales was KWD 855.57 million compared to KWD 531.59 million a year ago. Net income was KWD 3.64 million compared to KWD 5.34 million a year ago. Basic earnings per share from continuing operations was KWD 0.02012 compared to KWD 0.02954 a year ago.