Alujain Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 422.44 million compared to SAR 373.44 million a year ago. Net income was SAR 15.94 million compared to SAR 18.73 million a year ago. Basic earnings per share from continuing operations was SAR 0.32 compared to SAR 0.38 a year ago. Diluted earnings per share from continuing operations was SAR 0.23 compared to SAR 0.27 a year ago.
For the nine months, sales was SAR 1,221.37 million compared to SAR 1,457.45 million a year ago. Net income was SAR 25.57 million compared to SAR 137.48 million a year ago. Basic earnings per share from continuing operations was SAR 0.52 compared to SAR 2.79 a year ago. Diluted earnings per share from continuing operations was SAR 0.37 compared to SAR 1.99 a year ago.