Sharjah Cement and Industrial Development Co. (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 143.29 million compared to AED 151.74 million a year ago. Net income was AED 1.59 million compared to net loss of AED 8.46 million a year ago. Basic earnings per share from continuing operations was AED 0.003 compared to basic loss per share from continuing operations of AED 0.014 a year ago.
For the six months, sales was AED 301.27 million compared to AED 300.65 million a year ago. Net loss was AED 5.86 million compared to AED 26.03 million a year ago. Basic loss per share from continuing operations was AED 0.01 compared to AED 0.043 a year ago.