Najran Cement 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 113.84 million compared to SAR 127.69 million a year ago. Net income was SAR 14.02 million compared to SAR 27.88 million a year ago. Basic earnings per share from continuing operations was SAR 0.08 compared to SAR 0.16 a year ago.
For the nine months, sales was SAR 358.82 million compared to SAR 375.61 million a year ago. Net income was SAR 50.36 million compared to SAR 64.42 million a year ago. Basic earnings per share from continuing operations was SAR 0.3 compared to SAR 0.38 a year ago.