Jazan Energy and Development 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 13.24 million compared to SAR 19.16 million a year ago. Net loss was SAR 1.08 million compared to net income of SAR 2.35 million a year ago. Basic loss per share from continuing operations was SAR 0.02 compared to basic earnings per share from continuing operations of SAR 0.05 a year ago.
For the nine months, sales was SAR 57.4 million compared to SAR 62.15 million a year ago. Net income was SAR 27.95 million compared to SAR 12.22 million a year ago.