Drake and Scull International P.J.S.C. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was AED 18.94 million compared to AED 19.1 million a year ago. Net loss was AED 34.99 million compared to AED 68.5 million a year ago. Basic loss per share was AED 0.03 compared to AED 0.06 a year ago.
For the nine months, sales was AED 64.2 million compared to AED 64.16 million a year ago. Net loss was AED 197.57 million compared to AED 157.6 million a year ago. Basic loss per share was AED 0.18 compared to AED 0.15 a year ago.