City Cement 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 100.08 million compared to SAR 111.58 million a year ago. Net income was SAR 25.26 million compared to SAR 38.05 million a year ago. Basic earnings per share from continuing operations was SAR 0.18 compared to SAR 0.27 a year ago.
For the nine months, sales was SAR 297.42 million compared to SAR 402.03 million a year ago. Net income was SAR 67.26 million compared to SAR 153.78 million a year ago. Basic earnings per share from continuing operations was SAR 0.48 compared to SAR 1.1 a year ago.