Molan Steel Company reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was SAR 43.93 million compared to SAR 46.86 million a year ago. Net loss was SAR 3.16 million compared to net income of SAR 2.26 million a year ago.

Basic loss per share from continuing operations was SAR 0.124 compared to basic earnings per share from continuing operations of SAR 0.098 a year ago.