ARAB SEA INFORMATION

7201
End-of-day quote Saudi Arabian Stock Exchange - 06:00 2022-12-06 pm EST
66.10 SAR -1.49%

Arab Sea Information Systems Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

08/15/2022 | 12:53am
Arab Sea Information Systems Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SAR 8.38 million compared to SAR 13.37 million a year ago. Net loss was SAR 1.89 million compared to net income of SAR 4.37 million a year ago. Basic loss per share from continuing operations was SAR 0.19 compared to basic earnings per share from continuing operations of SAR 0.44 a year ago.
For the six months, sales was SAR 17.29 million compared to SAR 22.23 million a year ago. Net loss was SAR 5.47 million compared to net income of SAR 4.45 million a year ago. Basic loss per share from continuing operations was SAR 0.55 compared to basic earnings per share from continuing operations of SAR 0.44 a year ago.
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