The National Agricultural Development Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SAR 785.86 million compared to SAR 707.75 million a year ago. Net income was SAR 65.13 million compared to SAR 27.49 million a year ago. Basic earnings per share from continuing operations was SAR 0.64 compared to SAR 0.27 a year ago.
For the six months, sales was SAR 1,535.27 million compared to SAR 1,321.28 million a year ago. Net income was SAR 102.82 million compared to SAR 42.62 million a year ago. Basic earnings per share from continuing operations was SAR 1.01 compared to SAR 0.42 a year ago.