Al-Saif Stores for Development & Investment Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 151.88 million compared to SAR 168.14 million a year ago. Net income was SAR 15.27 million compared to SAR 27.5 million a year ago. Basic earnings per share from continuing operations was SAR 0.04 compared to SAR 0.08 a year ago.
For the nine months, sales was SAR 527.05 million compared to SAR 550.71 million a year ago. Net income was SAR 81.09 million compared to SAR 101.72 million a year ago. Basic earnings per share from continuing operations was SAR 0.23 compared to SAR 0.29 a year ago.