Southern Province Cement Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SAR 233.94 million compared to SAR 287.33 million a year ago. Net income was SAR 60.52 million compared to SAR 87.47 million a year ago. Basic earnings per share from continuing operations was SAR 0.43 compared to SAR 0.62 a year ago. Diluted earnings per share from continuing operations was SAR 0.43 compared to SAR 0.62 a year ago.
For the six months, sales was SAR 563.91 million compared to SAR 726.67 million a year ago. Net income was SAR 149.79 million compared to SAR 256.61 million a year ago. Basic earnings per share from continuing operations was SAR 1.07 compared to SAR 1.83 a year ago. Diluted earnings per share from continuing operations was SAR 1.07 compared to SAR 1.83 a year ago.