National Industrialization Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SAR 887.11 million compared to SAR 1,004.29 million a year ago. Net income was SAR 17.13 million compared to SAR 333.45 million a year ago. Basic earnings per share from continuing operations was SAR 0.03 compared to SAR 0.5 a year ago.
For the nine months, sales was SAR 2,943.41 million compared to SAR 2,510.08 million a year ago. Net income was SAR 623.21 million compared to SAR 1,017.7 million a year ago. Basic earnings per share from continuing operations was SAR 0.93 compared to SAR 1.52 a year ago.