Abu Dhabi Ship Building PJSC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was AED 170.32 million compared to AED 130.08 million a year ago. Net income was AED 2.34 million compared to AED 8.88 million a year ago. Basic earnings per share from continuing operations was AED 0.01 compared to AED 0.04 a year ago.
For the nine months, sales was AED 736.05 million compared to AED 502.97 million a year ago. Net income was AED 23.37 million compared to AED 14.03 million a year ago. Basic earnings per share from continuing operations was AED 0.11 compared to AED 0.07 a year ago.