Savola Group 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 6,350.9 million compared to SAR 7,072.41 million a year ago. Net income was SAR 147.36 million compared to SAR 163.64 million a year ago. Basic earnings per share from continuing operations was SAR 0.28 compared to SAR 0.3 a year ago. Diluted earnings per share from continuing operations was SAR 0.28 compared to SAR 0.3 a year ago.
For the nine months, sales was SAR 20,258.68 million compared to SAR 21,450.06 million a year ago. Net income was SAR 672.13 million compared to SAR 648.28 million a year ago. Basic earnings per share from continuing operations was SAR 1.26 compared to SAR 1.21 a year ago. Diluted earnings per share from continuing operations was SAR 1.26 compared to SAR 1.21 a year ago.