Hily Holding 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 19.5 million compared to AED 19.74 million a year ago. Revenue was AED 12.99 million compared to AED 32.68 million a year ago. Net loss was AED 7.06 million compared to net income of AED 5.2 million a year ago. Basic loss per share from continuing operations was AED 0.06 compared to basic earnings per share from continuing operations of AED 0.04 a year ago.
For the six months, sales was AED 48.06 million compared to AED 45.61 million a year ago. Revenue was AED 53.32 million compared to AED 56.7 million a year ago. Net income was AED 8.7 million compared to AED 16.18 million a year ago. Basic earnings per share from continuing operations was AED 0.07 compared to AED 0.13 a year ago.