United Gulf Investment Corporation B.S.C Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
January 01, 2014 at 08:16 am EST
United Gulf Investment Corporation BSC announced earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported a net loss attributable to shareholders of the parent company of $7.45 million, or a loss of 0.91 cents per share compared to a net loss attributable to shareholders of the parent company of $11.53 million, or a loss of 1.41 cents per share, for the same quarter ended September 30, 2012. Total income was $6.99 million, compared to $15.02 million for the same quarter ended September 30, 2012.
For the period, the company reported that net profit attributable to shareholders of the parent company was $2.22 million, or 0.27 cents per share, compared to $4.92 million, or 0.60 cents per share, for the same period ended September 30, 2012. Total income for the nine months ended September 30, 2013 was $44.62 million, compared to $75.28 million for the same period ended September 30, 2012.