Advanced Petrochemical Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SAR 656.52 million compared to SAR 805.33 million a year ago. Net income was SAR 26.96 million compared to SAR 217.76 million a year ago. Basic earnings per share from continuing operations was SAR 0.104 compared to SAR 0.838 a year ago.
For the nine months, sales was SAR 2,336.85 million compared to SAR 2,205.87 million a year ago. Net income was SAR 300.91 million compared to SAR 653.73 million a year ago. Basic earnings per share from continuing operations was SAR 1.159 compared to SAR 2.514 a year ago.