Union Properties Public Joint Stock Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was AED 98.73 million compared to AED 99.19 million a year ago. Net income was AED 0.285 million compared to AED 26.83 million a year ago. Basic earnings per share from continuing operations was AED 0.0001 compared to AED 0.0063 a year ago.
For the six months, sales was AED 204.46 million compared to AED 197.45 million a year ago. Net loss was AED 12.2 million compared to net income of AED 32.38 million a year ago. Basic loss per share from continuing operations was AED 0.0028 compared to basic earnings per share from continuing operations of AED 0.0075 a year ago.