Morabaha Marina Financing Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 31, 2023 at 04:02 pm
Morabaha Marina Financing Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was SAR 9.44 million compared to SAR 10.66 million a year ago. Basic earnings per share from continuing operations was SAR 0.11.
For the nine months, net income was SAR 40.05 million compared to SAR 37.14 million a year ago. Basic earnings per share from continuing operations was SAR 0.63 compared to SAR 0.83 a year ago.