United Foods Company (PSC) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was AED 189.68 million compared to AED 129.46 million a year ago. Revenue was AED 182.92 million compared to AED 124.66 million a year ago. Net income was AED 10.94 million compared to net loss of AED 4.51 million a year ago. Basic earnings per share from continuing operations was AED 0.36 compared to basic loss per share from continuing operations of AED 0.15 a year ago.
For the six months, sales was AED 385.53 million compared to AED 270.41 million a year ago. Revenue was AED 372.35 million compared to AED 259.48 million a year ago. Net income was AED 19.16 million compared to AED 3.74 million a year ago. Basic earnings per share from continuing operations was AED 0.63 compared to AED 0.12 a year ago.