Palms Agro Production Company K.S.C.P reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KWD 0.854895 million compared to KWD 0.741918 million a year ago. Net income was KWD 0.0287 million compared to net loss of KWD 0.136774 million a year ago. Basic earnings per share from continuing operations was KWD 0.00055 compared to basic loss per share from continuing operations of KWD 0.00261 a year ago.
For the six months, sales was KWD 1.73 million compared to KWD 1.69 million a year ago. Net income was KWD 0.056042 million compared to net loss of KWD 0.448068 million a year ago. Basic earnings per share from continuing operations was KWD 0.00107 compared to basic loss per share from continuing operations of KWD 0.00856 a year ago.