Saudi Ceramic 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 311.65 million compared to SAR 366.56 million a year ago. Net loss was SAR 168.56 million compared to net income of SAR 42.78 million a year ago. Basic loss per share from continuing operations was SAR 2.11 compared to basic earnings per share from continuing operations of SAR 0.53 a year ago.
For the nine months, sales was SAR 933.58 million compared to SAR 1,101.54 million a year ago. Net loss was SAR 120.56 million compared to net income of SAR 132.04 million a year ago. Basic loss per share from continuing operations was SAR 1.51 compared to basic earnings per share from continuing operations of SAR 1.65 a year ago.