Advanced Technology Company: Advanced Technology Company K.S.C.P. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

Advanced Technology Company K.S.C.P. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 39.01 million... Advanced Technology Company K.S.C.P. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KWD 39.01 million compared to KWD 42.46 million a year ago. Net loss was KWD 0.736394 million compared to net income of KWD 3.73 million a year ago. Basic loss per share from continuing operations was KWD 0.00491 compared to basic earnings per share from continuing operations of KWD 0.02486 a year ago. For the six months, sales was KWD 81.19 million compared to KWD 81.73 million a year ago. Net income was KWD 5.13 million compared to KWD 5.85 million a year ago. Basic earnings per share from continuing operations was KWD 0.03419 compared to KWD 0.039 a year ago.