Red Sea International Company announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was SAR 114.000 million compared to SAR 141.149 million a year ago. Operating loss was SAR 41.513 million compared to SAR 21.397 million a year ago. Net loss was SAR 44.825 million compared to SAR 27.888 million a year ago. Basic loss per share was SAR 0.75 compared to SAR 0.46 a year ago. Basic loss per share from continuing operations was SAR 0.75 compared to SAR 0.41 a year ago. For the nine months, sales was SAR 398.272 million compared to SAR 383.725 million a year ago. Operating loss was SAR 87.273 million compared to SAR 58.448 million a year ago. Net loss was SAR 97.271 million compared to SAR 73.381 million a year ago. Basic loss per share was SAR 1.62 compared to SAR 1.22 a year ago. Basic loss per share from continuing operations was SAR 1.63 compared to SAR 1.13 a year ago.