Gulf Franchising Holding Company - K.S.C. (Public) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KWD 0.696795 million compared to KWD 0.775211 million a year ago. Net income was KWD 1.12 million compared to net loss of KWD 0.06387 million a year ago. Basic earnings per share from continuing operations was KWD 0.02802 compared to basic loss per share from continuing operations of KWD 0.0016 a year ago.
For the nine months, sales was KWD 2.41 million compared to KWD 2.36 million a year ago. Net income was KWD 1.04 million compared to net loss of KWD 0.31356 million a year ago. Basic earnings per share from continuing operations was KWD 0.02609 compared to basic loss per share from continuing operations of KWD 0.00784 a year ago.