National Cement Company (Public Shareholding Co.) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was AED 43.6 million compared to AED 29.16 million a year ago. Net loss was AED 10.35 million compared to net income of AED 6.48 million a year ago. Basic loss per share from continuing operations was AED 0.03 compared to basic earnings per share from continuing operations of AED 0.02 a year ago.
For the six months, sales was AED 86 million compared to AED 68.15 million a year ago. Net income was AED 40.42 million compared to net loss of AED 10.93 million a year ago. Basic earnings per share from continuing operations was AED 0.11 compared to basic loss per share from continuing operations of AED 0.03 a year ago.