Saudi Industrial Development Co. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was SAR 41.41 million compared to SAR 45.54 million a year ago. Net loss was SAR 4.8 million compared to SAR 1.74 million a year ago. Basic loss per share from continuing operations was SAR 0.12 compared to SAR 0.04 a year ago.