Sahara International Petrochemical Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 24, 2023 at 04:01 pm EDT
Sahara International Petrochemical 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 1,789.37 million compared to SAR 2,853.42 million a year ago. Net income was SAR 233.09 million compared to SAR 774.41 million a year ago. Basic earnings per share from continuing operations was SAR 0.32 compared to SAR 1.07 a year ago. Diluted earnings per share from continuing operations was SAR 0.32 compared to SAR 1.06 a year ago.
For the nine months, sales was SAR 5,578.23 million compared to SAR 8,298.94 million a year ago. Net income was SAR 1,016.34 million compared to SAR 3,116.33 million a year ago. Basic earnings per share from continuing operations was SAR 1.4 compared to SAR 4.3 a year ago. Diluted earnings per share from continuing operations was SAR 1.39 compared to SAR 4.25 a year ago.