Gulf Pharmaceutical Industries P.S.C. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was AED 454.1 million compared to AED 418.6 million a year ago. Net loss was AED 2.9 million compared to net income of AED 1.5 million a year ago.

Basic loss per share was AED 0.003 compared to basic earnings per share of AED 0.001 a year ago.