Watani Iron Steel Company reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was SAR 159.79 million compared to SAR 311.36 million a year ago. Net income was SAR 1.23 million compared to SAR 25.49 million a year ago.

Basic earnings per share from continuing operations was SAR 0.007 compared to SAR 0.14 a year ago.