Arabian Contracting Services Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SAR 257.72 million compared to SAR 188.39 million a year ago. Net income was SAR 65.89 million compared to SAR 57.09 million a year ago. Basic earnings per share from continuing operations was SAR 1.32 compared to SAR 1.14 a year ago.
For the nine months, sales was SAR 808.75 million compared to SAR 494.5 million a year ago. Net income was SAR 193.57 million compared to SAR 135.65 million a year ago. Basic earnings per share from continuing operations was SAR 3.87 compared to SAR 2.71 a year ago.