Batic Investment and Logistics 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 105.4 million compared to SAR 119.18 million a year ago. Net loss was SAR 12.79 million compared to net income of SAR 0.469334 million a year ago. Basic loss per share from continuing operations was SAR 0.022 compared to basic earnings per share from continuing operations of SAR 0.002 a year ago.
For the nine months, sales was SAR 315.49 million compared to SAR 355.91 million a year ago. Net loss was SAR 24.67 million compared to net income of SAR 0.600574 million a year ago. Basic loss per share from continuing operations was SAR 0.042 compared to basic earnings per share from continuing operations of SAR 0.002 a year ago.