Naqi Water Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 65.62 million compared to SAR 77.51 million a year ago. Net income was SAR 16.19 million compared to SAR 14.96 million a year ago. Basic earnings per share from continuing operations was SAR 0.81 compared to SAR 0.75 a year ago.
For the nine months, sales was SAR 184.73 million compared to SAR 216.5 million a year ago. Net income was SAR 40.59 million compared to SAR 46.2 million a year ago. Basic earnings per share from continuing operations was SAR 2.03 compared to SAR 2.31 a year ago.