Jabal Omar Development 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 454.46 million compared to SAR 281.65 million a year ago. Net loss was SAR 79.84 million compared to SAR 128.62 million a year ago. Basic loss per share from continuing operations was SAR 0.07 compared to SAR 0.14 a year ago.
For the six months, sales was SAR 771.54 million compared to SAR 391.29 million a year ago. Net loss was SAR 67.91 million compared to SAR 311.09 million a year ago. Basic loss per share from continuing operations was SAR 0.06 compared to SAR 0.33 a year ago.