Saudi Arabia Refineries Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported negative revenue was SAR 0.040457 million compared to revenue of SAR 22.49 million a year ago. Net loss was SAR 1.36 million compared to net income of SAR 21.01 million a year ago. Basic loss per share from continuing operations was SAR 0.09 compared to basic earnings per share from continuing operations of SAR 1.4 a year ago.
For the six months, negative revenue was SAR 0.011388 million compared to revenue of SAR 22.52 million a year ago. Net loss was SAR 1.73 million compared to net income of SAR 20.35 million a year ago. Basic loss per share from continuing operations was SAR 0.12 compared to basic earnings per share from continuing operations of SAR 1.36 a year ago.