ALAFCO Aviation Lease and Finance Company K.S.C.P. reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was KWD 8.77 million compared to KWD 27.19 million a year ago. Net loss was KWD 0.841868 million compared to KWD 6.8 million a year ago. Basic loss per share from continuing operations was KWD 0.00088 compared to KWD 0.00714 a year ago.
For the six months, sales was KWD 16.97 million compared to KWD 50.96 million a year ago. Net loss was KWD 0.19163 million compared to KWD 4.53 million a year ago. Basic loss per share from continuing operations was KWD 0.0002 compared to KWD 0.00476 a year ago.