Edarat Communication and Information Technology Co. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SAR 20.11 million compared to SAR 14.9 million a year ago. Net income was SAR 5.37 million compared to SAR 3.24 million a year ago. Basic earnings per share from continuing operations was SAR 4.26 compared to SAR 2.56 a year ago.
For the six months, sales was SAR 39.87 million compared to SAR 28.54 million a year ago. Net income was SAR 8.27 million compared to SAR 6.27 million a year ago. Basic earnings per share from continuing operations was SAR 6.56 compared to SAR 4.97 a year ago.