Al-Jouf Agricultural Development Co. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SAR 135.35 million compared to SAR 99.81 million a year ago. Net income was SAR 19.84 million compared to SAR 3.32 million a year ago. Basic earnings per share from continuing operations was SAR 0.66 compared to SAR 0.11 a year ago. Diluted earnings per share from continuing operations was SAR 0.66 compared to SAR 0.11 a year ago.
For the nine months, sales was SAR 259.79 million compared to SAR 216.87 million a year ago. Net income was SAR 41.9 million compared to SAR 10.6 million a year ago. Basic earnings per share from continuing operations was SAR 1.4 compared to SAR 0.35 a year ago. Diluted earnings per share from continuing operations was SAR 1.4 compared to SAR 0.35 a year ago.