Saudi Vitrified Clay Pipe Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 21.73 million compared to SAR 20.1 million a year ago. Net loss was SAR 3.64 million compared to SAR 0.99535 million a year ago. Basic loss per share from continuing operations was SAR 0.24 compared to SAR 0.07 a year ago.
For the nine months, sales was SAR 61.1 million compared to SAR 51.39 million a year ago. Net loss was SAR 6.99 million compared to SAR 10.2 million a year ago. Basic loss per share from continuing operations was SAR 0.47 compared to SAR 0.68 a year ago.