Phoenix Power Company SAOG reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was OMR 51.16 million compared to OMR 49.74 million a year ago. Net income was OMR 13.81 million compared to OMR 12.17 million a year ago. Basic earnings per share from continuing operations was OMR 0.01 compared to OMR 0.008 a year ago. Diluted earnings per share from continuing operations was OMR 0.01 compared to OMR 0.008 a year ago.
For the six months, sales was OMR 71.77 million compared to OMR 72.07 million a year ago. Net income was OMR 9.54 million compared to OMR 7.25 million a year ago. Basic earnings per share from continuing operations was OMR 0.007 compared to OMR 0.005 a year ago. Diluted earnings per share from continuing operations was OMR 0.007 compared to OMR 0.005 a year ago.