Nama Chemicals 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 89.31 million compared to SAR 132.3 million a year ago. Net loss was SAR 49.86 million compared to SAR 5.37 million a year ago. Basic loss per share from continuing operations was SAR 2.12 compared to SAR 0.228 a year ago. Diluted loss per share from continuing operations was SAR 2.12 compared to SAR 0.228 a year ago.
For the nine months, sales was SAR 344.5 million compared to SAR 460 million a year ago. Net loss was SAR 95.02 million compared to net income of SAR 54.72 million a year ago. Basic loss per share from continuing operations was SAR 4.04 compared to basic earnings per share from continuing operations of SAR 2.326 a year ago. Diluted loss per share from continuing operations was SAR 4.04 compared to diluted earnings per share from continuing operations of SAR 2.326 a year ago.