Mubasher: Al Mazaya Holding has achieved KWD 406,108 net profits attributable to the shareholders in 2021, against net losses of KWD 8.48 million in the previous year, according to the company's consolidated financials for the year ended 31 December 2021.

The company's revenues decreased to KWD 13.24 million in 2021, compared to KWD 18.71 million in 2020.

The basic earnings per share (EPS) settled at 0.65 fils last year, versus basic losses per share of 13.5 fils in 2020.

Meanwhile, the diluted earnings per share (EPS) stood at 0.65 fils in 2021, compared to losses per share of 13.48 fils in the previous year.

It is noteworthy to mention that during the first nine months (9M) of 2021, the company reported net profits attributable to the shareholders of KWD 148,200, against net losses of KWD 5.266 million in the same period of 2020.