Jabal Omar Development 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 234.62 million compared to SAR 218.63 million a year ago. Net income was SAR 305.46 million compared to SAR 153.11 million a year ago. Basic earnings per share from continuing operations was SAR 0.26 compared to SAR 0.15 a year ago.
For the nine months, sales was SAR 1,006.17 million compared to SAR 609.92 million a year ago. Net income was SAR 237.55 million compared to net loss of SAR 157.98 million a year ago. Basic earnings per share from continuing operations was SAR 0.21 compared to basic loss per share from continuing operations of SAR 0.17 a year ago.