United Gulf Investment Corporation B.S.C. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was BHD 7.65 million compared to BHD 10.54 million a year ago. Net loss was BHD 0.109077 million compared to net income of BHD 0.945748 million a year ago. Basic loss per share from continuing operations was BHD 0.00054 compared to basic earnings per share from continuing operations of BHD 0.00473 a year ago.
For the nine months, sales was BHD 27.52 million compared to BHD 43.28 million a year ago. Net income was BHD 1.45 million compared to BHD 8.19 million a year ago. Basic earnings per share from continuing operations was BHD 0.00723 compared to BHD 0.04096 a year ago.