Taiba Investments 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 81.17 million compared to SAR 32.15 million a year ago. Net income was SAR 34.5 million compared to net loss of SAR 12.88 million a year ago. Basic earnings per share was SAR 0.21 compared to basic loss per share of SAR 0.08 a year ago. Diluted earnings per share was SAR 0.21 compared to diluted loss per share of SAR 0.08 a year ago.
For the six months, sales was SAR 133.73 million compared to SAR 65.84 million a year ago. Net income was SAR 54.84 million compared to net loss of SAR 14.79 million a year ago. Basic earnings per share was SAR 0.34 compared to basic loss per share of SAR 0.09 a year ago. Diluted earnings per share was SAR 0.34 compared to diluted loss per share of SAR 0.09 a year ago.