Union Tobacco & Cigarette Industries Co. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was JOD 1.28 million compared to JOD 0.444121 million a year ago.

Net loss was JOD 0.97439 million compared to JOD 0.265671 million a year ago. Basic loss per share from continuing operations was JOD 0.098 compared to JOD 0.027 a year ago.