Sinad Holding Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 412.34 million compared to SAR 429.62 million a year ago. Net loss was SAR 39.71 million compared to SAR 54.63 million a year ago. Basic loss per share from continuing operations was SAR 0.31 compared to SAR 0.43 a year ago.
For the nine months, sales was SAR 1,189.33 million compared to SAR 1,316.81 million a year ago. Net loss was SAR 84.87 million compared to SAR 64.67 million a year ago. Basic loss per share from continuing operations was SAR 0.67 compared to SAR 0.51 a year ago.