Saudi Real Estate Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SAR 587.8 million compared to SAR 162.92 million a year ago. Net income was SAR 45.31 million compared to net loss of SAR 9.17 million a year ago. Basic earnings per share from continuing operations was SAR 0.15 compared to basic loss per share from continuing operations of SAR 0.04 a year ago.
For the six months, sales was SAR 869.94 million compared to SAR 345.51 million a year ago. Net income was SAR 15.86 million compared to net loss of SAR 13.72 million a year ago. Basic earnings per share from continuing operations was SAR 0.06 compared to basic loss per share from continuing operations of SAR 0.06 a year ago.