Gulf Cement Company P.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 123.12 million compared to AED 99.55 million a year ago. Net loss was AED 9.63 million compared to AED 7.84 million a year ago. Basic loss per share from continuing operations was AED 0.023 compared to AED 0.019 a year ago.
For the six months, sales was AED 226.11 million compared to AED 176.56 million a year ago. Net loss was AED 23.69 million compared to AED 29.24 million a year ago. Basic loss per share from continuing operations was AED 0.058 compared to AED 0.071 a year ago.