Heavy Engineering Industries and Shipbuilding Company K.S.C.P. (KWSE:SHIP)
Kuwait · Delayed Price · Currency is KWD · Price in KWF 0.6390
+0.0160 (2.57%)
At close: Aug 26, 2026
KWSE:SHIP 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 |
| 210.14 | 205.79 | 163.15 | 146.88 | 123.7 | 128.58 | |
Revenue Growth | 9.89% | 26.14% | 11.08% | 18.73% | -3.79% | -15.78% |
Cost of Revenue | 193.9 | 187.34 | 147.74 | 135.25 | 114.04 | 117.66 |
Gross Profit | 16.25 | 18.45 | 15.41 | 11.63 | 9.66 | 10.92 |
Selling, General & Admin | 6.54 | 6.15 | 4.79 | 4.19 | 3.67 | 3.16 |
Other Operating Expenses | 0.19 | 0.33 | 0.52 | -0.42 | 0.25 | 0.63 |
Operating Expenses | 6.73 | 6.48 | 5.31 | 3.77 | 3.92 | 3.79 |
Operating Income | 9.52 | 11.98 | 10.1 | 7.86 | 5.74 | 7.13 |
Interest Expense | -2.52 | -2.18 | -1.79 | -1.69 | -1.03 | -0.87 |
Interest & Investment Income | 0.12 | 0.2 | 0.12 | 0.12 | 0.11 | 0.14 |
Currency Exchange Gain (Loss) | -0.03 | -0.11 | -0.08 | 0.06 | 0.15 | -0.11 |
Other Non Operating Income (Expenses) | 1.28 | 0.07 | 0.81 | 0.85 | 0.74 | 0.16 |
EBT Excluding Unusual Items | 8.36 | 9.95 | 9.16 | 7.2 | 5.71 | 6.45 |
Gain (Loss) on Sale of Investments | -0 | - | - | - | - | - |
Pretax Income | 8.36 | 9.95 | 9.16 | 7.2 | 5.71 | 6.45 |
Income Tax Expense | 0.12 | 0.13 | 0.09 | 0.09 | 0.08 | 0.07 |
Earnings From Continuing Operations | 8.24 | 9.82 | 9.08 | 7.11 | 5.63 | 6.38 |
Minority Interest in Earnings | -0 | -0 | -0 | -0 | -0 | 0 |
Net Income | 8.24 | 9.82 | 9.07 | 7.11 | 5.63 | 6.38 |
Net Income to Common | 8.24 | 9.82 | 9.07 | 7.11 | 5.63 | 6.38 |
Net Income Growth | -13.60% | 8.22% | 27.62% | 26.35% | -11.73% | -30.40% |
Shares Outstanding (Basic) | 198 | 198 | 198 | 198 | 198 | 198 |
Shares Outstanding (Diluted) | 198 | 198 | 198 | 198 | 198 | 198 |
Shares Change | - | - | - | - | - | - |
EPS (Basic) | 0.04 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 |
EPS (Diluted) | 0.04 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 |
EPS Growth | -13.60% | 8.22% | 27.62% | 26.35% | -11.73% | -30.40% |
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 |
Free Cash Flow | -25.39 | 0.89 | -10.43 | 15.19 | 1.31 | 14.22 |
Free Cash Flow Per Share | -0.13 | 0.00 | -0.05 | 0.08 | 0.01 | 0.07 |
Dividend Per Share | 0.023 | 0.023 | 0.032 | 0.027 | 0.018 | 0.018 |
Dividend Growth | -28.62% | -28.62% | 16.48% | 50.00% | 0% | 0% |
Gross Margin | 7.73% | 8.97% | 9.44% | 7.92% | 7.81% | 8.49% |
Operating Margin | 4.53% | 5.82% | 6.19% | 5.35% | 4.64% | 5.54% |
Profit Margin | 3.92% | 4.77% | 5.56% | 4.84% | 4.55% | 4.96% |
Free Cash Flow Margin | -12.08% | 0.43% | -6.40% | 10.34% | 1.06% | 11.06% |
EBITDA | 15.83 | 17.7 | 14.91 | 12.15 | 10.11 | 14.53 |
EBITDA Margin | 7.53% | 8.60% | 9.14% | 8.27% | 8.17% | 11.30% |
D&A For EBITDA | 6.31 | 5.72 | 4.81 | 4.28 | 4.37 | 7.4 |
EBIT | 9.52 | 11.98 | 10.1 | 7.86 | 5.74 | 7.13 |
EBIT Margin | 4.53% | 5.82% | 6.19% | 5.35% | 4.64% | 5.54% |
Effective Tax Rate | 1.44% | 1.34% | 0.94% | 1.18% | 1.42% | 1.11% |