Abu Dhabi Ship Building PJSC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was AED 130.08 million compared to AED 55.9 million a year ago. Net income was AED 8.88 million compared to AED 3.07 million a year ago. Basic earnings per share from continuing operations was AED 0.04 compared to AED 0.01 a year ago.
For the nine months, sales was AED 502.97 million compared to AED 159.56 million a year ago. Net income was AED 14.03 million compared to net loss of AED 7.17 million a year ago. Basic earnings per share from continuing operations was AED 0.07 compared to basic loss per share from continuing operations of AED 0.03 a year ago.