Saudi Industrial Development Co. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SAR 38.4 million compared to SAR 37.4 million a year ago. Net loss was SAR 7.66 million compared to SAR 5.74 million a year ago. Basic loss per share from continuing operations was SAR 0.19 compared to SAR 0.14 a year ago.
For the nine months, sales was SAR 121.22 million compared to SAR 124.88 million a year ago. Net loss was SAR 19.04 million compared to SAR 11.8 million a year ago. Basic loss per share from continuing operations was SAR 0.48 compared to SAR 0.3 a year ago.