United Gulf Holding Company B.S.C. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net interest loss was USD 4.79 million compared to USD 5.63 million a year ago. Net loss was USD 7.4 million compared to net income of USD 4.12 million a year ago. Basic loss per share from continuing operations was USD 0.0168 compared to basic earnings per share from continuing operations of USD 0.0094 a year ago.
For the six months, net interest loss was USD 8.62 million compared to USD 9.89 million a year ago. Net loss was USD 2.52 million compared to net income of USD 0.461 million a year ago. Basic loss per share from continuing operations was USD 0.0162 compared to USD 0.0084 a year ago.