Nayifat Finance 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 19.14 million compared to SAR 42.04 million a year ago. Basic earnings per share from continuing operations was SAR 0.16 compared to SAR 0.35 a year ago.
For the nine months, net income was SAR 72.84 million compared to SAR 135.3 million a year ago. Basic earnings per share from continuing operations was SAR 0.61 compared to SAR 1.13 a year ago.