The Saudi Arabian Amiantit Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SAR 166.31 million compared to SAR 121.64 million a year ago. Net loss was SAR 10.08 million compared to SAR 4.04 million a year ago. Basic loss per share was SAR 1.02 compared to SAR 0.41 a year ago. Diluted loss per share was SAR 1.02 compared to SAR 0.41 a year ago.
For the six months, sales was SAR 363.76 million compared to SAR 241.15 million a year ago. Net loss was SAR 8.09 million compared to SAR 10.02 million a year ago. Basic loss per share was SAR 0.82 compared to SAR 1.02 a year ago. Diluted loss per share was SAR 0.82 compared to SAR 1.02 a year ago.