Arkan Building Materials Company (ARKAN) PJSC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was AED 2,571.63 million compared to AED 194.55 million a year ago. Net income was AED 207.28 million compared to net loss of AED 24.46 million a year ago. Basic earnings per share from continuing operations was AED 0.03 compared to basic loss per share from continuing operations of AED 0.014 a year ago.
For the six months, sales was AED 4,612.15 million compared to AED 418.08 million a year ago. Net income was AED 279.86 million compared to net loss of AED 23.24 million a year ago. Basic earnings per share from continuing operations was AED 0.041 compared to basic loss per share from continuing operations of AED 0.013 a year ago.