Sharjah Cement and Industrial Development Co. (PJSC) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was AED 167.62 million compared to AED 124.09 million a year ago. Net loss was AED 8.55 million compared to AED 7.44 million a year ago. Basic loss per share from continuing operations was AED 0.014 compared to AED 0.012 a year ago.
For the nine months, sales was AED 468.27 million compared to AED 379.44 million a year ago. Net loss was AED 34.58 million compared to AED 12.35 million a year ago. Basic loss per share from continuing operations was AED 0.057 compared to AED 0.02 a year ago.