Gulf Cement Company P.S.C. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was AED 99.55 million compared to AED 90.93 million a year ago. Net loss was AED 7.84 million compared to AED 18.59 million a year ago. Basic loss per share from continuing operations was AED 0.019 compared to AED 0.045 a year ago.
For the six months, sales was AED 176.56 million compared to AED 167.57 million a year ago. Net loss was AED 29.24 million compared to AED 25.38 million a year ago. Basic loss per share from continuing operations was AED 0.071 compared to AED 0.062 a year ago.