Al Obeikan Glass 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 102.69 million compared to SAR 133.97 million a year ago. Net income was SAR 24.23 million compared to SAR 56.11 million a year ago. Basic earnings per share from continuing operations was SAR 0.7575 compared to SAR 1.755 a year ago.
For the six months, sales was SAR 216.16 million compared to SAR 260.54 million a year ago. Net income was SAR 54.04 million compared to SAR 105.17 million a year ago. Basic earnings per share from continuing operations was SAR 1.6875 compared to SAR 3.285 a year ago.