Al Yah Satellite Communication Company PJSC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 117.48 million compared to USD 109.02 million a year ago. Net income was USD 26.45 million compared to net loss of USD 10.22 million a year ago. Basic earnings per share from continuing operations was USD 0.0108 compared to basic loss per share from continuing operations of USD 0.0042 a year ago.
For the nine months, sales was USD 322.55 million compared to USD 314.58 million a year ago. Net income was USD 71.75 million compared to USD 35.14 million a year ago. Basic earnings per share from continuing operations was USD 0.0294 compared to USD 0.0144 a year ago.