Saudi Arabia Refineries Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative revenue was SAR 0.39825 million compared to SAR 0.130399 million a year ago. Net loss was SAR 3.14 million compared to net income of SAR 0.82794 million a year ago. Basic loss per share from continuing operations was SAR 0.21 compared to basic earnings per share from continuing operations of SAR 0.06 a year ago.
For the nine months, revenue was SAR 22.12 million compared to SAR 8.79 million a year ago. Net income was SAR 17.21 million compared to SAR 8.19 million a year ago. Basic earnings per share from continuing operations was SAR 1.15 compared to SAR 0.55 a year ago.