Nayifat Finance Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was SAR 21.25 million compared to SAR 43.74 million a year ago. Basic earnings per share from continuing operations was SAR 0.18 compared to SAR 0.36 a year ago.
For the six months, net income was SAR 53.71 million compared to SAR 93.27 million a year ago. Basic earnings per share from continuing operations was SAR 0.45 compared to SAR 0.78 a year ago.