United Gulf Holding Company B.S.C announced earnings results for the third quarter and nine months ended 30 September 2019. For the quarter, the company reported basic loss per share was 1.46 cents compared to 0.06 cents a year ago. Net profit for the period decreased by 47% to USD 1.6 million compared to USD 3.0 million a year ago. Total income increased by 10% to USD 48.7 million compared to USD 44.1 million a year ago. For the nine months, the company reported basic loss per share was 0.09 cents compared to basic earnings per share of 1.17 cents a year ago. Net profit for the period decreased by 11% to USD 16.5 million compared to USD 14.9 million a year ago. Total income increased by 29% to USD 168.7 million compared to USD 130.7 million a year ago.