Ayyan Investment 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 93.89 million compared to SAR 68.13 million a year ago. Net loss was SAR 56.43 million compared to SAR 16.75 million a year ago. Basic loss per share from continuing operations was SAR 0.7 compared to SAR 0.21 a year ago.
For the nine months, sales was SAR 239.56 million compared to SAR 209.59 million a year ago. Net loss was SAR 144.37 million compared to SAR 15.06 million a year ago. Basic loss per share from continuing operations was SAR 1.79 compared to SAR 0.19 a year ago.