The Power and Water Utility Company for Jubail and Yanbu reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 1,701.05 million compared to SAR 1,767.94 million a year ago. Net income was SAR 188.05 million compared to SAR 309.66 million a year ago. Basic earnings per share from continuing operations was SAR 0.75 compared to SAR 1.24 a year ago.
For the nine months, sales was SAR 4,766.02 million compared to SAR 4,885.48 million a year ago. Net income was SAR 454.16 million compared to SAR 714.43 million a year ago. Basic earnings per share from continuing operations was SAR 1.82 compared to SAR 2.86 a year ago.