Saudi Automotive Services 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 2,322.44 million compared to SAR 2,240.51 million a year ago. Net income was SAR 12.98 million compared to SAR 23.53 million a year ago. Basic earnings per share from continuing operations was SAR 0.22 compared to SAR 0.39 a year ago.
For the nine months, sales was SAR 6,778.61 million compared to SAR 5,578.46 million a year ago. Net income was SAR 40.03 million compared to SAR 61.24 million a year ago. Basic earnings per share from continuing operations was SAR 0.67 compared to SAR 1.02 a year ago.