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National Petroleum Services Co KSC (KUW:NAPESCO) Net Income : KWD13.42 Mil (TTM As of Dec. 2024)


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What is National Petroleum Services Co KSC Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. National Petroleum Services Co KSC's Net Income for the three months ended in Dec. 2024 was KWD4.93 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was KWD13.42 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. National Petroleum Services Co KSC's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was KWD0.05.


National Petroleum Services Co KSC Net Income Historical Data

The historical data trend for National Petroleum Services Co KSC's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Petroleum Services Co KSC Net Income Chart

National Petroleum Services Co KSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.27 4.83 6.82 8.60 13.42

National Petroleum Services Co KSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.18 2.38 2.77 3.34 4.93

National Petroleum Services Co KSC Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

National Petroleum Services Co KSC's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=17.512+-0.617+0+-3.471
=13.42

National Petroleum Services Co KSC's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=6.898+-0.18+0+-1.784
=4.93

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD13.42 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Petroleum Services Co KSC  (KUW:NAPESCO) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

National Petroleum Services Co KSC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


National Petroleum Services Co KSC Net Income Related Terms

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National Petroleum Services Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Integration Road MA10 with M6 ?Mina Abdullah, Street 6, P.O. Box 9801, Shuaiba West Industrial Area, Block 3, Plot No. 76, Al-Ahmadi, KWT, 61008
National Petroleum Services Co KSC provides oilfield services for the oil and gas industry in Kuwait. The company is engaged in carrying out all support services for wells drilling, repairing, and preparation for production as well as wells maintenance related services. It is also engaged in establishing industrial firms for the purpose of manufacturing and producing the equipment and materials needed for well drilling and repair. There are two segments within which the company operates namely oilfield services and non-oilfield services. The majority of the revenue is mainly from Oil field contracts that include Pumping services, and then Non- oil field contracts that involve supply power and environment, safety services.

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