Ras Al Khaimah Co. for White Cement & Construction Materials P.S.C. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was AED 54.4 million compared to AED 58.42 million a year ago. Net loss was AED 1.93 million compared to net income of AED 5.66 million a year ago. Basic loss per share from continuing operations was AED 0.004 compared to basic earnings per share from continuing operations of AED 0.011 a year ago.
For the nine months, sales was AED 182.62 million compared to AED 182.37 million a year ago. Net income was AED 15.03 million compared to AED 19.85 million a year ago. Basic earnings per share from continuing operations was AED 0.03 compared to AED 0.04 a year ago.