Sawaeed Holding P.J.S.C. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was AED 31.86 million compared to AED 25.36 million a year ago. Net loss was AED 1.39 million compared to AED 4 million a year ago. Basic loss per share from continuing operations was AED 0.027 compared to AED 0.078 a year ago.
For the six months, sales was AED 66.82 million compared to AED 57.41 million a year ago. Net income was AED 1.75 million compared to net loss of AED 7.01 million a year ago. Basic earnings per share from continuing operations was AED 0.034 compared to basic loss per share from continuing operations of AED 0.14 a year ago.