Elm 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 1,403.83 million compared to SAR 1,038.77 million a year ago. Net income was SAR 372.77 million compared to SAR 194.85 million a year ago. Basic earnings per share from continuing operations was SAR 4.8 compared to SAR 2.51 a year ago. Diluted earnings per share from continuing operations was SAR 4.66 compared to SAR 2.44 a year ago.
For the six months, sales was SAR 2,691.99 million compared to SAR 2,130.78 million a year ago. Net income was SAR 695.17 million compared to SAR 444.5 million a year ago. Basic earnings per share from continuing operations was SAR 8.95 compared to SAR 5.68 a year ago. Diluted earnings per share from continuing operations was SAR 8.69 compared to SAR 5.56 a year ago.