Tourism Enterprises Co. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 2.31 million compared to SAR 2.57 million a year ago. Net income was SAR 2.85 million compared to net loss of SAR 1.39 million a year ago. Basic earnings per share from continuing operations was SAR 0.002 compared to basic loss per share from continuing operations of SAR 0.013 a year ago.
For the nine months, sales was SAR 6.99 million compared to SAR 7.3 million a year ago. Net income was SAR 5.92 million compared to net loss of SAR 1.23 million a year ago. Basic earnings per share from continuing operations was SAR 0.005 compared to basic loss per share from continuing operations of SAR 0.012 a year ago.