Gulf General Investments Co. (P.S.C) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was AED 76.99 million compared to AED 127.32 million a year ago. Net loss was AED 15.92 million compared to AED 50.88 million a year ago. Basic loss per share from continuing operations was AED 0.0089 compared to AED 0.0284 a year ago.
For the six months, sales was AED 196.6 million compared to AED 278.02 million a year ago. Net loss was AED 36.03 million compared to AED 65.93 million a year ago. Basic loss per share from continuing operations was AED 0.0201 compared to AED 0.0368 a year ago.