United Foods Company (PSC) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was AED 126.67 million compared to AED 142.52 million a year ago. Revenue was AED 121.3 million compared to AED 137.23 million a year ago. Net income was AED 4.77 million compared to net loss of AED 5.12 million a year ago. Basic earnings per share from continuing operations was AED 0.16 compared to basic loss per share from continuing operations of AED 0.17 a year ago.
For the nine months, sales was AED 451.46 million compared to AED 528.05 million a year ago. Revenue was AED 431.37 million compared to AED 509.58 million a year ago. Net income was AED 19.43 million compared to AED 14.04 million a year ago. Basic earnings per share from continuing operations was AED 0.64 compared to AED 0.46 a year ago.