Union Tobacco & Cigarette Industries Co. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was JOD 1.7 million compared to JOD 1.15 million a year ago. Net loss was JOD 4.11 million compared to net income of JOD 0.465735 million a year ago. Basic loss per share from continuing operations was JOD 0.413 compared to basic earnings per share from continuing operations of JOD 0.047 a year ago.
For the nine months, sales was JOD 2.59 million compared to JOD 3.31 million a year ago. Net loss was JOD 4.94 million compared to net income of JOD 0.630789 million a year ago. Basic loss per share from continuing operations was JOD 0.496 compared to basic earnings per share from continuing operations of JOD 0.063 a year ago.