Gulf General Investments Co. (P.S.C) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was AED 111.3 million compared to AED 75.5 million a year ago. Net loss was AED 13.31 million compared to AED 15.63 million a year ago. Basic loss per share from continuing operations was AED 0.0074 compared to AED 0.0087 a year ago.
For the nine months, sales was AED 307.9 million compared to AED 353.52 million a year ago. Net loss was AED 49.34 million compared to AED 81.56 million a year ago. Basic loss per share from continuing operations was AED 0.0275 compared to AED 0.0455 a year ago.