Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Other Income (Expense) : KWD1.1 Mil (TTM As of Mar. 2024)

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What is Heavy Engineering Industries and Shipbuilding Co KSC Other Income (Expense)?

Heavy Engineering Industries and Shipbuilding Co KSC's other income expense for the Heavy Engineering Industries and Shipbuilding Co KSC's pretax income for the three months ended in Mar. 2024 was KWD0.1 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD1.1 Mil.

Heavy Engineering Industries and Shipbuilding Co KSC Other Income (Expense) Historical Data

The historical data trend for Heavy Engineering Industries and Shipbuilding Co KSC's Other Income (Expense) 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.

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Heavy Engineering Industries and Shipbuilding Co KSC Other Income (Expense) Chart

Heavy Engineering Industries and Shipbuilding Co KSC Annual Data

Trend

Dec14

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Dec17

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Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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0.46

0.40

0.38

1.18

1.23

Heavy Engineering Industries and Shipbuilding Co KSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial															0.20	0.22	0.78	0.04	0.05

Heavy Engineering Industries and Shipbuilding Co KSC Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD1.1 Mil.

Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shuwaik Port, Gate No.7, P.O. Box 21998, Safat, Kuwait, KWT, 13080

Website

https://www.heisco.com

Heavy Engineering Industries and Shipbuilding Company is an Engineering, Procurement and Construction Contracting company based in Kuwait with a diversified range of business in Oil and Gas, Refineries, Petrochemicals, Power, Distillation and Desalination, Shipbuilding and Repair, Marine Services, and Construction sectors. It delivers diversified services to the industry with civil, mechanical, electrical and instrumentation constructions, maintenance, fabrication, galvanizing, shipyard services, and onshore & offshore operations.