Abu Dhabi Ship Building PJSC reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported contract revenue was AED 119,782,000 against AED 213,382,000 a year ago. Loss before gain on exchange was AED 9,204,000 against profit of AED 31,140,000 a year ago. Net loss was AED 8,860,000 and net loss attributable to owners was AED 8,865,000 or 4.2 fils per basic and diluted share against profit was AED 40,040,000 and net profit attributable to owners was AED 39,391,000 or 18.6 fils per basic and diluted share a year ago. For the six months, the company reported contract revenue was AED 261,550,000 against AED 385,841,000 a year ago. Profit before gain on exchange was AED 296,000 against AED 38,732,000 a year ago. Net profit was AED 3,666,000 and net profit attributable to owners was AED 3,641,000 or 1.7 fils per basic and diluted share against profit was AED 49,465,000 and net profit attributable to owners was AED 48,623,000 or 22.9 fils per basic and diluted share a year ago. Net cash used in operating activities was AED 56,528,000 against net cash generated from operating activities was AED 5,714,000 a year ago. Payments for property, plant and equipment was AED 12,399,000 against AED 7,648,000 a year ago. Purchase of intangible assets was AED 524,000.