Advanced Technology Company K.S.C.P. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was KWD 49.75 million compared to KWD 35.48 million a year ago. Net income was KWD 0.681462 million compared to net loss of KWD 1.25 million a year ago. Basic earnings per share from continuing operations was KWD 0.00454 compared to basic loss per share from continuing operations of KWD 0.00836 a year ago. For the nine months, sales was KWD 137.16 million compared to KWD 116.67 million a year ago. Net income was KWD 1.57 million compared to KWD 3.87 million a year ago. Basic earnings per share from continuing operations was KWD 0.01048 compared to KWD 0.02583 a year ago.
ATC is a Kuwait-based medical device company that provides products such as diagnostic imaging, CT scanners, and nurse call systems for the healthcare industry.