Automated Systems Company - KPSC Reports Earnings Results for the First Quarter Ended March 31, 2022

Automated Systems Co KPSC (ASC) is a Kuwait-based company engaged in the operation of computerized passenger reservation systems, trading in automation equipment and secondment of staff. The Company is organized into four business segments: the Computerized passenger reservation system segment comprises of installation, operation and maintenance of airline passenger ticketing system; the Secondment of personnel segment comprises of deployment of staff of secondment; the Investments segment comprises of investments in local equity funds, and shares and funds managed by portfolio managers, and the Other operations segment comprises of sale of customer flow management equipment and accounting packages. The Company is a subsidiary of Kuwait Airways Corporation.