Almunajem 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 810.87 million compared to SAR 730.2 million a year ago. Net income was SAR 61.14 million compared to SAR 53.62 million a year ago. Basic earnings per share from continuing operations was SAR 1.02 compared to SAR 0.89 a year ago.
For the nine months, sales was SAR 2,485.22 million compared to SAR 2,230.68 million a year ago. Net income was SAR 200.59 million compared to SAR 273.3 million a year ago. Basic earnings per share from continuing operations was SAR 3.34 compared to SAR 4.56 a year ago.