Palms Agro Production Company K.S.C.P reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KWD 0.592682 million compared to KWD 0.789883 million a year ago. Net income was KWD 0.076105 million compared to net loss of KWD 0.165376 million a year ago. Basic earnings per share from continuing operations was KWD 0.00145 compared to basic loss per share from continuing operations of KWD 0.00316 a year ago.
For the nine months, sales was KWD 2.32 million compared to KWD 2.48 million a year ago. Net income was KWD 0.132147 million compared to net loss of KWD 0.613444 million a year ago. Basic earnings per share from continuing operations was KWD 0.00253 compared to basic loss per share from continuing operations of KWD 0.01173 a year ago.