Arkan Building Materials Company (ARKAN) PJSC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was AED 2,024.68 million compared to AED 2,571.63 million a year ago. Net income was AED 128.3 million compared to AED 207.28 million a year ago. Basic earnings per share from continuing operations was AED 0.019 compared to AED 0.03 a year ago.
For the six months, sales was AED 4,430.23 million compared to AED 4,612.15 million a year ago. Net income was AED 280.48 million compared to AED 279.86 million a year ago. Basic earnings per share from continuing operations was AED 0.041 compared to AED 0.041 a year ago.