Saudi Company for Hardware SACO reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 219.44 million compared to SAR 254.13 million a year ago. Net loss was SAR 12.2 million compared to SAR 45.87 million a year ago. Basic loss per share from continuing operations was SAR 0.34 compared to SAR 1.27 a year ago.
For the nine months, sales was SAR 691.14 million compared to SAR 824.64 million a year ago. Net loss was SAR 44.65 million compared to SAR 65.29 million a year ago. Basic loss per share from continuing operations was SAR 1.24 compared to SAR 1.81 a year ago.