Fawaz Abdulaziz Al Hokair & Company reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was SAR 1,460 million compared to SAR 1,466 million a year ago. Net loss was SAR 280 million compared to net income of SAR 17 million a year ago. Basic loss per share from continuing operations was SAR 2.44 compared to basic earnings per share from continuing operations of SAR 0.15 a year ago.
For the nine months, sales was SAR 4,538 million compared to SAR 4,528 million a year ago. Net loss was SAR 200 million compared to net income of SAR 85 million a year ago. Basic loss per share from continuing operations was SAR 1.74 compared to basic earnings per share from continuing operations of SAR 0.74 a year ago.