Gulf Hotels (Oman) Company Limited SAOG reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was OMR 1.46 million compared to OMR 1.25 million a year ago. Net loss was OMR 0.035 million compared to OMR 0.153 million a year ago. Basic loss per share from continuing operations was OMR 0.01 compared to OMR 0.045 a year ago. Diluted loss per share from continuing operations was OMR 0.01 compared to OMR 0.045 a year ago.
For the six months, sales was OMR 3.65 million compared to OMR 2.97 million a year ago. Net income was OMR 0.359 million compared to net loss of OMR 0.002 million a year ago. Basic earnings per share from continuing operations was OMR 0.105 compared to basic loss per share from continuing operations of OMR 0.001 a year ago. Diluted earnings per share from continuing operations was OMR 0.105 compared to diluted loss per share from continuing operations of OMR 0.001 a year ago.