Alkhorayef Water and Power Technologies 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 468.77 million compared to SAR 193.5 million a year ago. Net income was SAR 42.02 million compared to SAR 28.13 million a year ago. Basic earnings per share from continuing operations was SAR 1.68 compared to SAR 1.13 a year ago.
For the nine months, sales was SAR 1,206.87 million compared to SAR 551.46 million a year ago. Net income was SAR 110.33 million compared to SAR 79.76 million a year ago. Basic earnings per share from continuing operations was SAR 4.41 compared to SAR 3.19 a year ago.