Sawaeed Holding P.J.S.C. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was AED 25.36 million compared to AED 41.72 million a year ago. Net loss was AED 4 million compared to net income of AED 1.9 million a year ago. Basic loss per share from continuing operations was AED 0.078 compared to basic earnings per share from continuing operations of AED 0.037 a year ago.
For the six months, sales was AED 57.41 million compared to AED 86.7 million a year ago. Net loss was AED 7.01 million compared to net income of AED 4.9 million a year ago. Basic loss per share from continuing operations was AED 0.137 compared to basic earnings per share from continuing operations of AED 0.096 a year ago.