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Qurain Petrochemical Industries Company K.S.C.P. reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported revenue was KWD 76.5 million compared to KWD 56.34 million a year ago. Net income was KWD 9.51 million compared to KWD 1.79 million a year ago. Basic earnings per share from continuing operations was KWD 0.00886 compared to KWD 0.00175 a year ago. Diluted earnings per share from continuing operations was KWD 0.00886 compared to KWD 0.00175 a year ago.For the six months, revenue was KWD 145.23 million compared to KWD 110.71 million a year ago. Net income was KWD 15.81 million compared to KWD 3.35 million a year ago. Basic earnings per share from continuing operations was KWD 0.01472 compared to KWD 0.00327 a year ago. Diluted earnings per share from continuing operations was KWD 0.01472 compared to KWD 0.00327 a year ago.
Period Ending: | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
---|---|---|---|---|
Total Revenue | 76.5 | 68.73 | 57.55 | |
Gross Profit | 23.37 | 20.65 | 15.85 | |
Operating Income | 9.85 | 7.03 | 3.55 | |
Net Income | 9.51 | 6.3 | 1.68 |
Period Ending: | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
---|---|---|---|---|
Total Assets | 827.05 | 804.5 | 784.99 | 779.93 |
Total Liabilities | 205.73 | 194.58 | 165.34 | 202.34 |
Total Equity | 621.31 | 609.92 | 619.65 | 577.59 |
Period Ending: | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 4.23 | 18.66 | 32.9 | 15.87 |
Cash From Investing Activities | -2.85 | -7.43 | -11.51 | |
Cash From Financing Activities | 4.83 | -4.53 | -1.54 | |
Net Change in Cash | 5.6 | 7.1 | 2.76 |
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