The National Shipping Company of Saudi Arabia reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 2,026.66 million compared to SAR 2,292.72 million a year ago. Net income was SAR 224.34 million compared to SAR 269.87 million a year ago. Basic earnings per share from continuing operations was SAR 0.3 compared to SAR 0.37 a year ago.
For the nine months, sales was SAR 6,754.07 million compared to SAR 5,865.08 million a year ago. Net income was SAR 1,212.2 million compared to SAR 462.79 million a year ago. Basic earnings per share from continuing operations was SAR 1.64 compared to SAR 0.63 a year ago.