Red Sea International Company reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was SAR 419.57 million compared to SAR 468.2 million a year ago. Net loss was SAR 196.13 million compared to SAR 130.44 million a year ago.

Basic loss per share from continuing operations was SAR 6.49 compared to SAR 4.31 a year ago.