National Cement Company (Public Shareholding Co.) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was AED 49.01 million compared to AED 29.9 million a year ago. Net income was AED 9.92 million compared to net loss of AED 9.08 million a year ago. Basic earnings per share from continuing operations was AED 0.03 compared to basic loss per share from continuing operations of AED 0.03 a year ago.
For the nine months, sales was AED 135.01 million compared to AED 98.05 million a year ago. Net income was AED 50.34 million compared to net loss of AED 20 million a year ago. Basic earnings per share from continuing operations was AED 0.14 compared to basic loss per share from continuing operations of AED 0.06 a year ago.