Saudi Industrial Services 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 58.04 million compared to SAR 46.35 million a year ago. Revenue was SAR 334.12 million compared to SAR 261.02 million a year ago. Net income was SAR 23.72 million compared to SAR 14.38 million a year ago. Basic earnings per share from continuing operations was SAR 0.29 compared to SAR 0.18 a year ago.
For the nine months, sales was SAR 328.66 million compared to SAR 93.02 million a year ago. Revenue was SAR 1,105.03 million compared to SAR 717.01 million a year ago. Net income was SAR 64.4 million compared to SAR 18.29 million a year ago. Basic earnings per share from continuing operations was SAR 0.79 compared to SAR 0.22 a year ago.