Union Properties Public Joint Stock Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was AED 118.71 million compared to AED 98.73 million a year ago. Net income was AED 5.42 million compared to AED 0.285 million a year ago. Basic earnings per share from continuing operations was AED 0.0013 compared to AED 0.0001 a year ago.
For the six months, sales was AED 240.84 million compared to AED 204.46 million a year ago. Net income was AED 17.71 million compared to net loss of AED 12.2 million a year ago. Basic earnings per share from continuing operations was AED 0.0041 compared to basic loss per share from continuing operations of AED 0.0028 a year ago.