Gulf Cement Company P.S.C. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was AED 105.25 million compared to AED 81.42 million a year ago. Net loss was AED 22.16 million compared to AED 18.31 million a year ago. Basic loss per share from continuing operations was AED 0.054 compared to AED 0.045 a year ago.
For the nine months, sales was AED 281.81 million compared to AED 248.99 million a year ago. Net loss was AED 51.41 million compared to AED 43.69 million a year ago. Basic loss per share from continuing operations was AED 0.125 compared to AED 0.106 a year ago.