Tasnee: National Industrialization Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

National Industrialization 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 831.95 million... National Industrialization 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 831.95 million compared to SAR 887.11 million a year ago. Net income was SAR 78.21 million compared to SAR 17.13 million a year ago. Basic earnings per share from continuing operations was SAR 0.12 compared to SAR 0.03 a year ago. Diluted earnings per share from continuing operations was SAR 0.12 compared to SAR 0.03 a year ago. For the nine months, sales was SAR 2,609.87 million compared to SAR 2,943.41 million a year ago. Net income was SAR 191.7 million compared to SAR 623.21 million a year ago. Basic earnings per share from continuing operations was SAR 0.29 compared to SAR 0.93 a year ago. Diluted earnings per share from continuing operations was SAR 0.29 compared to SAR 0.93 a year ago.