Ayyan Investment 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 68.13 million compared to SAR 65.8 million a year ago. Net loss was SAR 16.75 million compared to net income of SAR 3.74 million a year ago. Basic loss per share from continuing operations was SAR 0.21 compared to basic earnings per share from continuing operations of SAR 0.05 a year ago.
For the nine months, sales was SAR 209.59 million compared to SAR 208.77 million a year ago. Net loss was SAR 15.06 million compared to net income of SAR 11.72 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 0.16 a year ago.