National Industrialization Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SAR 889.24 million compared to SAR 1,077.12 million a year ago. Net income was SAR 31.41 million compared to SAR 297.12 million a year ago. Basic earnings per share from continuing operations was SAR 0.05 compared to SAR 0.44 a year ago.
For the six months, sales was SAR 1,777.93 million compared to SAR 2,056.31 million a year ago. Net income was SAR 113.5 million compared to SAR 606.08 million a year ago. Basic earnings per share from continuing operations was SAR 0.17 compared to SAR 0.91 a year ago.