Saudi Industrial Investment Group reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was SAR 120.11 million compared to SAR 284.2 million a year ago. Basic earnings per share from continuing operations was SAR 0.16 compared to SAR 0.39 a year ago.
For the six months, net loss was SAR 121.39 million compared to net income of SAR 519.08 million a year ago. Basic loss per share from continuing operations was SAR 0.16 compared to basic earnings per share from continuing operations of SAR 0.88 a year ago.