Ghitha Holding P.J.S.C reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was AED 1,174 million compared to AED 576.28 million a year ago. Net income was AED 1.3 million compared to AED 72.66 million a year ago. Basic earnings per share from continuing operations was AED 0.01 compared to AED 0.37 a year ago.
For the six months, sales was AED 2,068.09 million compared to AED 882.12 million a year ago. Net loss was AED 39.78 million compared to net income of AED 61.67 million a year ago. Basic loss per share from continuing operations was AED 0.16 compared to basic earnings per share from continuing operations of AED 0.42 a year ago.