Apex Investment PSC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was AED 154.1 million compared to AED 277.47 million a year ago. Net loss was AED 8.63 million compared to net income of AED 54.25 million a year ago. Basic loss per share from continuing operations was AED 0.002 compared to basic earnings per share from continuing operations of AED 0.015 a year ago.
For the six months, sales was AED 301.84 million compared to AED 441 million a year ago. Net loss was AED 198.82 million compared to net income of AED 103.7 million a year ago. Basic loss per share from continuing operations was AED 0.056 compared to basic earnings per share from continuing operations of AED 0.041 a year ago.