Tanmiah Food 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 533.74 million compared to SAR 471.54 million a year ago. Net income was SAR 20.16 million compared to SAR 31.74 million a year ago. Basic earnings per share from continuing operations was SAR 0.86 compared to SAR 1.48 a year ago. Basic earnings per share was SAR 0.86 compared to SAR 1.59 a year ago.
For the nine months, sales was SAR 1,516.87 million compared to SAR 1,248.26 million a year ago. Net income was SAR 57.86 million compared to SAR 63.48 million a year ago. Basic earnings per share from continuing operations was SAR 2.48 compared to SAR 2.62 a year ago. Basic earnings per share was SAR 2.48 compared to SAR 3.17 a year ago.