Al Yamamah Steel Industries Company reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported sales was SAR 630.72 million compared to SAR 461.85 million a year ago. Net income was SAR 29.55 million compared to net loss of SAR 41.9 million a year ago.

Basic earnings per share from continuing operations was SAR 0.58 compared to basic loss per share from continuing operations of SAR 0.82 a year ago. Diluted earnings per share from continuing operations was SAR 0.58 compared to diluted loss per share from continuing operations of SAR 0.82 a year ago.