Emmar Real Estate Development and Investment Group reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was JOD 0.0083 million compared to JOD 0.0073 million a year ago. Negative revenue was JOD 0.00418 million compared to revenue of JOD 0.457457 million a year ago. Net loss was JOD 0.16011 million compared to net income of JOD 0.323025 million a year ago. Basic loss per share from continuing operations was JOD 0.016 compared to basic earnings per share from continuing operations of JOD 0.016 a year ago.
For the six months, sales was JOD 0.0166 million compared to JOD 0.0166 million a year ago. Revenue was JOD 0.088494 million compared to JOD 0.465051 million a year ago. Net loss was JOD 0.146716 million compared to net income of JOD 0.198302 million a year ago. Basic loss per share from continuing operations was JOD 0.015 compared to basic earnings per share from continuing operations of JOD 0.01 a year ago.