Union Tobacco & Cigarette Industries Co. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was JOD 1.15 million compared to JOD 2.38 million a year ago. Net income was JOD 0.465735 million compared to net loss of JOD 0.326912 million a year ago. Basic earnings per share from continuing operations was JOD 0.047 compared to basic loss per share from continuing operations of JOD 0.0333 a year ago.
For the nine months, sales was JOD 3.31 million compared to JOD 3.57 million a year ago. Net income was JOD 0.630789 million compared to net loss of JOD 5.26 million a year ago. Basic earnings per share from continuing operations was JOD 0.063 compared to basic loss per share from continuing operations of JOD 0.5284 a year ago.