RAK Properties PJSC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was AED 86.74 million compared to AED 140.8 million a year ago. Net loss was AED 4.92 million compared to net income of AED 55.67 million a year ago. Basic loss per share from continuing operations was AED 0.002 compared to basic earnings per share from continuing operations of AED 0.028 a year ago.
For the six months, sales was AED 193.99 million compared to AED 265.1 million a year ago. Net income was AED 25.56 million compared to AED 119.81 million a year ago. Basic earnings per share from continuing operations was AED 0.013 compared to AED 0.06 a year ago.