Union Land Development Company PLC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was JOD 0.853429 million compared to JOD 0.834412 million a year ago. Revenue was JOD 0.853429 million compared to JOD 0.761031 million a year ago. Net income was JOD 0.217867 million compared to net loss of JOD 0.091766 million a year ago. Basic earnings per share from continuing operations was JOD 0.005 compared to basic loss per share from continuing operations of JOD 0.002 a year ago.
For the six months, sales was JOD 1.7 million compared to JOD 1.66 million a year ago. Revenue was JOD 1.7 million compared to JOD 1.59 million a year ago. Net income was JOD 0.504878 million compared to net loss of JOD 0.259024 million a year ago. Basic earnings per share from continuing operations was JOD 0.012 compared to basic loss per share from continuing operations of JOD 0.006 a year ago.