ALAFCO Aviation Lease and Finance Company K.S.C.P. reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was KWD 27.19 million compared to KWD 25.76 million a year ago. Net loss was KWD 6.8 million compared to KWD 0.85365 million a year ago. Basic loss per share from continuing operations was KWD 0.00714 compared to KWD 0.0009 a year ago.
For the six months, sales was KWD 50.96 million compared to KWD 51.75 million a year ago. Net loss was KWD 4.53 million compared to KWD 2.54 million a year ago. Basic loss per share from continuing operations was KWD 0.00476 compared to KWD 0.00266 a year ago.