Saudi Company for Hardware reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SAR 251 million compared to SAR 323.66 million a year ago. Net loss was SAR 20.53 million compared to net income of SAR 14.44 million a year ago. Basic loss per share from continuing operations was SAR 0.57 compared to basic earnings per share from continuing operations of SAR 0.4 a year ago.
For the six months, sales was SAR 570.5 million compared to SAR 661.29 million a year ago. Net loss was SAR 19.42 million compared to net income of SAR 30.08 million a year ago. Basic loss per share from continuing operations was SAR 0.54 compared to basic earnings per share from continuing operations of SAR 0.84 a year ago.