Gulf Cable and Electrical Industries Company - KPSC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KWD 28.09 million compared to KWD 13.57 million a year ago. Net income was KWD 4.67 million compared to KWD 3.13 million a year ago. Basic earnings per share from continuing operations was KWD 0.022 compared to KWD 0.015 a year ago.
For the six months, sales was KWD 46.04 million compared to KWD 27.8 million a year ago. Net income was KWD 10.89 million compared to KWD 4.41 million a year ago. Basic earnings per share from continuing operations was KWD 0.052 compared to KWD 0.021 a year ago.