United Foods Company (PSC) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was AED 138.32 million compared to AED 189.68 million a year ago. Revenue was AED 132.6 million compared to AED 182.92 million a year ago. Net income was AED 3.33 million compared to AED 10.94 million a year ago. Basic earnings per share from continuing operations was AED 0.12 compared to AED 0.36 a year ago.
For the six months, sales was AED 324.79 million compared to AED 385.53 million a year ago. Revenue was AED 310.07 million compared to AED 372.35 million a year ago. Net income was AED 14.66 million compared to AED 19.16 million a year ago. Basic earnings per share from continuing operations was AED 0.49 compared to AED 0.63 a year ago.