National Industrialization Company reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SAR 888.69 million compared to SAR 979.18 million a year ago. Net income was SAR 82.09 million compared to SAR 308.96 million a year ago.

Basic earnings per share from continuing operations was SAR 0.12 compared to SAR 0.46 a year ago.