Ayyan Investment Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SAR 76.49 million compared to SAR 65.86 million a year ago. Net loss was SAR 41.29 million compared to SAR 11.73 million a year ago. Basic loss per share from continuing operations was SAR 0.51 compared to SAR 0.15 a year ago.
For the six months, sales was SAR 145.68 million compared to SAR 141.46 million a year ago. Net loss was SAR 87.94 million compared to net income of SAR 1.69 million a year ago. Basic loss per share from continuing operations was SAR 1.09 compared to basic earnings per share from continuing operations of SAR 0.02 a year ago.