United Gulf Holding Company B.S.C. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest loss was USD 7.73 million compared to USD 4.79 million a year ago. Net loss was USD 9.57 million compared to USD 7.4 million a year ago.
For the six months, net interest loss was USD 14.5 million compared to USD 8.62 million a year ago. Net loss was USD 25.74 million compared to USD 2.52 million a year ago. Basic loss per share from continuing operations was USD 0.0627 compared to USD 0.0098 a year ago.