Union Tobacco & Cigarette Industries Co. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported negative sales was JOD 0.388038 million compared to sales of JOD 1.71 million a year ago. Net income was JOD 0.145916 million compared to JOD 0.430725 million a year ago. Basic earnings per share from continuing operations was JOD 0.015 compared to JOD 0.043 a year ago.
For the six months, sales was JOD 0.887413 million compared to JOD 2.16 million a year ago. Net loss was JOD 0.828474 million compared to net income of JOD 0.165054 million a year ago. Basic loss per share from continuing operations was JOD 0.083 compared to basic earnings per share from continuing operations of JOD 0.017 a year ago.