Jazan Energy and 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 17.35 million compared to SAR 13.24 million a year ago. Net income was SAR 5.46 million compared to net loss of SAR 1.08 million a year ago. Basic earnings per share from continuing operations was SAR 0.11 compared to basic loss per share from continuing operations of SAR 0.02 a year ago.
For the nine months, sales was SAR 72.29 million compared to SAR 57.4 million a year ago. Net income was SAR 18.65 million compared to SAR 27.25 million a year ago. Basic earnings per share from continuing operations was SAR 0.37 compared to SAR 0.54 a year ago.