Alamar Foods Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:01 pm EST
Alamar Foods 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 263.58 million compared to SAR 275.8 million a year ago. Net income was SAR 20.06 million compared to SAR 18.79 million a year ago. Basic earnings per share from continuing operations was SAR 0.79 compared to SAR 0.75 a year ago. Diluted earnings per share from continuing operations was SAR 0.79 compared to SAR 0.74 a year ago.
For the nine months, sales was SAR 765.99 million compared to SAR 802.75 million a year ago. Net income was SAR 51.92 million compared to SAR 86.01 million a year ago. Basic earnings per share from continuing operations was SAR 2.06 compared to SAR 3.41 a year ago. Diluted earnings per share from continuing operations was SAR 2.05 compared to SAR 3.41 a year ago.