Emaar The Economic City reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 340.97 million compared to SAR 62 million a year ago. Net income was SAR 27.17 million compared to net loss of SAR 230.68 million a year ago. Basic earnings per share from continuing operations was SAR 0.02 compared to basic loss per share from continuing operations of SAR 0.2 a year ago.
For the nine months, sales was SAR 926.35 million compared to SAR 226.92 million a year ago. Net loss was SAR 49.03 million compared to SAR 647.51 million a year ago. Basic loss per share from continuing operations was SAR 0.04 compared to SAR 0.57 a year ago.