Sinad Holding Company reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SAR 419.23 million compared to SAR 472.98 million a year ago. Net loss was SAR 21.51 million compared to net income of SAR 10.24 million a year ago.

Basic loss per share from continuing operations was SAR 0.17 compared to basic earnings per share from continuing operations of SAR 0.08 a year ago.