Saudi Industrial Development Co. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was SAR 155.35 million compared to SAR 163.08 million a year ago.

Net loss was SAR 38.77 million compared to SAR 24.5 million a year ago. Basic loss per share from continuing operations was SAR 0.97 compared to SAR 0.61 a year ago. Diluted loss per share from continuing operations was SAR 0.97 compared to SAR 0.61 a year ago.