United Gulf Investment Corporation B.S.C reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was BHD 29.58 million compared to BHD 13.7 million a year ago. Net income was BHD 5.93 million compared to BHD 2.26 million a year ago. Basic earnings per share from continuing operations was BHD 0.02964 compared to BHD 0.01133 a year ago.
For the nine months, sales was BHD 43.28 million compared to BHD 38.96 million a year ago. Net income was BHD 8.19 million compared to BHD 2.84 million a year ago. Basic earnings per share from continuing operations was BHD 0.04096 compared to BHD 0.01418 a year ago.