Arriyadh Development Co. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SAR 69.31 million compared to SAR 61.11 million a year ago.

Net income was SAR 32.39 million compared to SAR 138.91 million a year ago. Basic earnings per share from continuing operations was SAR 0.18 compared to SAR 0.78 a year ago.