Naqi Water 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 59.76 million compared to SAR 78.77 million a year ago. Net income was SAR 13.22 million compared to SAR 21.29 million a year ago. Basic earnings per share from continuing operations was SAR 0.66 compared to SAR 1.06 a year ago.
For the six months, sales was SAR 119.1 million compared to SAR 138.99 million a year ago. Net income was SAR 24.4 million compared to SAR 31.24 million a year ago. Basic earnings per share from continuing operations was SAR 1.22 compared to SAR 1.56 a year ago.