Al Khaleej Investment P.J.S.C. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter the company announced rental income of AED 6,440,106 compared to AED 7,100,045 a year ago. Investment income was AED 249,547 compared to AED 3,338,777 a year ago. Profit for the period was AED 3,928,113 or AED 0.04 per basic share compared to AED 7,732,736 or AED 0.07 per basic share a year ago.
For the six months, the company announced rental income of AED 13,026,039 compared to AED 13,947,690 a year ago. Investment loss was AED 3,329,734 compared to investment income of AED 5,975,957 a year ago. Profit for the period was AED 4,011,611 or AED 0.04 per basic share compared to AED 14,458,860 or AED 0.14 per basic share a year ago. Net cash generated from operating activities was AED 6,631,041 compared to AED 7,545,874 a year ago. Purchase of property and equipment was AED 292,617 compared to AED 16,040 a year ago.