KWSE:KPROJ Income Statement

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	817.62	793.26	744.77	574.42	385.24	306.56
Interest Paid on Deposits	621.15	606.34	593.1	442.59	274.05	210.12
Net Interest Income	196.47	186.92	151.67	131.83	111.19	96.44
Net Interest Income Growth	13.53%	23.25%	15.05%	18.56%	15.30%	-2.83%
Gain (Loss) on Sale of Assets	-6.27	0	0.71	6.25	0.06	26.45
Gain (Loss) on Sale of Investments	17.79	19.24	11.13	7.34	-5.27	41.05
Gain (Loss) on Sale of Equity Investments	-15.76	-8.84	8.87	10.95	16.86	42.98
Other Non-Interest Income	748.43	731.33	734.15	687.43	362.89	311.59
Total Non-Interest Income	744.19	741.73	754.86	711.97	374.54	422.07
Non-Interest Income Growth	-3.42%	-1.74%	6.02%	90.09%	-11.26%	5.33%
Revenues Before Loan Losses	940.66	928.65	906.53	843.8	485.73	518.51
Provision for Loan Losses	28.72	25.7	35.21	42.02	34.19	74.17
Revenue	911.93	902.95	871.32	801.77	451.54	444.34
Revenue Growth	2.73%	3.63%	8.67%	77.56%	1.62%	2.24%
Occupancy Expenses	43.81	43.22	41.31	43.41	33.1	28.33
Selling, General & Administrative	298.43	277.67	263.18	227.73	213.27	177.74
Other Non-Interest Expense	490.52	492.83	458.13	511.65	460.35	202.13
Total Non-Interest Expense	832.75	813.73	762.63	782.79	706.72	408.2
EBT Excluding Unusual Items	79.18	89.23	108.69	18.98	-255.18	36.15
Asset Writedown	7.56	7.56	-3.89	-1.46	-22.17	-7.17
Other Unusual Items	-	-	-	-	307.26	-
Pretax Income	86.74	96.78	104.8	17.52	29.9	28.98
Income Tax Expense	26.13	27.4	34.41	35.6	31.06	9.36
Earnings From Continuing Operations	60.61	69.39	70.39	-18.09	-1.15	19.62
Earnings From Discontinued Operations	-	-	-	84.57	17.85	2
Minority Interest in Earnings	-49.1	-53.05	-54.74	-36.46	8.57	-4.17
Net Income	11.51	16.33	15.65	30.03	25.26	17.46
Preferred Dividends & Other Adjustments	7.98	8.18	7.29	6.82	6.85	5.84
Net Income to Common	3.54	8.15	8.36	23.21	18.41	11.62
Net Income Growth	-42.30%	-2.55%	-63.97%	26.05%	58.49%	-
Basic Shares Outstanding	4,694	4,690	4,688	4,685	2,740	1,990
Diluted Shares Outstanding	4,694	4,690	4,688	4,685	2,740	1,990
Shares Change	0.10%	0.03%	0.08%	70.99%	37.66%	6.60%
EPS (Basic)	0.00	0.00	0.00	0.00	0.01	0.01
EPS (Diluted)	0.00	0.00	0.00	0.00	0.01	0.01
EPS Growth	-42.34%	-2.58%	-64.01%	-26.28%	15.13%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	-	-	-	-	-	0.005
Dividend Growth	-	-	-	-	-	0%
Effective Tax Rate	30.13%	28.31%	32.84%	203.25%	103.86%	32.29%