Sharjah Cement and Industrial Development Co. (PJSC) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was AED 157.98 million compared to AED 148.91 million a year ago.

Net loss was AED 7.45 million compared to AED 17.57 million a year ago. Basic loss per share from continuing operations was AED 0.012 compared to AED 0.029 a year ago. Diluted loss per share from continuing operations was AED 0.012 compared to AED 0.029 a year ago.