Saudi Industrial Development Co. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SAR 41.4 million compared to SAR 41.94 million a year ago. Net loss was SAR 6.58 million compared to SAR 4.32 million a year ago. Basic loss per share from continuing operations was SAR 0.16 compared to SAR 0.11 a year ago.
For the six months, sales was SAR 82.82 million compared to SAR 87.48 million a year ago. Net loss was SAR 11.38 million compared to SAR 6.06 million a year ago. Basic loss per share from continuing operations was SAR 0.28 compared to SAR 0.15 a year ago.