KWSE:KPROJ Income Statement

Financials in millions KWD. Fiscal year is January - December.

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	792.66	744.77	574.42	385.24	306.56	328.4
Interest Paid on Deposits	603.44	593.1	442.59	274.05	210.12	229.15
Net Interest Income	189.23	151.67	131.83	111.19	96.44	99.25
Net Interest Income Growth (YoY)	28.49%	15.05%	18.56%	15.30%	-2.83%	-16.72%
Gain (Loss) on Sale of Assets	2.31	-1.85	6.25	0.06	26.45	-0.02
Gain (Loss) on Sale of Investments	9.08	8.52	7.34	-5.27	41.05	83.47
Gain (Loss) on Sale of Equity Investments	1.44	8.87	10.95	16.86	42.98	11.67
Other Non-Interest Income	758.17	739.32	687.43	362.89	311.59	305.61
Total Non-Interest Income	770.99	754.86	711.97	374.54	422.07	400.73
Non-Interest Income Growth (YoY)	5.60%	6.02%	90.09%	-11.26%	5.33%	43.28%
Revenues Before Loan Losses	960.22	906.53	843.8	485.73	518.51	499.98
Provision for Loan Losses	52.48	35.21	42.02	34.19	74.17	65.39
Revenue	907.74	871.32	801.77	451.54	444.34	434.59
Revenue Growth (YoY)	7.35%	8.67%	77.56%	1.62%	2.24%	16.32%
Occupancy Expenses	42.14	41.31	43.41	33.1	28.33	27.91
Selling, General & Administrative	278.92	263.18	227.73	213.27	177.74	161.14
Other Non-Interest Expense	489.64	458.13	511.65	460.35	202.13	191.08
Total Non-Interest Expense	810.7	762.63	782.79	706.72	408.2	380.13
EBT Excluding Unusual Items	97.04	108.69	18.98	-255.18	36.15	54.46
Asset Writedown	-4.45	-3.89	-1.46	-22.17	-7.17	-10.7
Other Unusual Items	-	-	-	307.26	-	-
Pretax Income	92.59	104.8	17.52	29.9	28.98	3.09
Income Tax Expense	28.44	34.41	35.6	31.06	9.36	3.08
Earnings From Continuing Operations	64.16	70.39	-18.09	-1.15	19.62	0.01
Earnings From Discontinued Operations	-	-	84.57	17.85	2	2.54
Minority Interest in Earnings	-47.6	-54.74	-36.46	8.57	-4.17	-1.42
Net Income	16.56	15.65	30.03	25.26	17.46	1.14
Preferred Dividends & Other Adjustments	8.47	7.29	6.82	6.85	5.84	5.78
Net Income to Common	8.09	8.36	23.21	18.41	11.62	-4.64
Net Income Growth	-46.34%	-47.88%	18.86%	44.71%	1437.88%	-
Basic Shares Outstanding	4,553	4,552	4,548	2,660	1,932	1,812
Diluted Shares Outstanding	4,553	4,552	4,548	2,660	1,932	1,812
Shares Change (YoY)	0.06%	0.08%	70.99%	37.66%	6.60%	13.12%
EPS (Basic)	0.00	0.00	0.01	0.01	0.01	-0.00
EPS (Diluted)	0.00	0.00	0.01	0.01	0.01	-0.00
EPS Growth	-64.69%	-64.00%	-26.29%	15.14%	-	-
Dividend Per Share	-	-	-	-	0.005	0.005
Dividend Growth	-	-	-	-	-	-50.00%
Effective Tax Rate	30.71%	32.84%	203.25%	103.86%	32.29%	99.61%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.