Al Obeikan Glass Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SAR 129.75 million compared to SAR 126.3 million a year ago. Net income was SAR 49.26 million compared to SAR 61.35 million a year ago. Basic earnings per share from continuing operations was SAR 2.05 compared to SAR 2.56 a year ago.
For the nine months, sales was SAR 390.29 million compared to SAR 330.11 million a year ago. Net income was SAR 154.43 million compared to SAR 117.02 million a year ago. Basic earnings per share from continuing operations was SAR 6.43 compared to SAR 4.88 a year ago.