Sharjah Cement and Industrial Development Co. (PJSC) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was AED 157.09 million compared to AED 167.62 million a year ago. Net loss was AED 5.76 million compared to AED 8.55 million a year ago. Basic loss per share from continuing operations was AED 0.009 compared to AED 0.014 a year ago.
For the nine months, sales was AED 458.35 million compared to AED 468.27 million a year ago. Net loss was AED 11.62 million compared to AED 34.58 million a year ago. Basic loss per share from continuing operations was AED 0.019 compared to AED 0.057 a year ago.