United Gulf Investment Corporation B.S.C reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BHD 9.86 million compared to BHD 17.51 million a year ago. Net income was BHD 0.71546 million compared to BHD 4.19 million a year ago. Basic earnings per share from continuing operations was BHD 0.00358 compared to BHD 0.02096 a year ago.
For the six months, sales was BHD 19.88 million compared to BHD 32.74 million a year ago. Net income was BHD 1.56 million compared to BHD 7.25 million a year ago. Basic earnings per share from continuing operations was BHD 0.00778 compared to BHD 0.03623 a year ago.