The Saudi Arabian Amiantit 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 160.57 million compared to SAR 123.48 million a year ago. Net loss was SAR 130.1 million compared to SAR 8.09 million a year ago. Basic loss per share was SAR 13.21 compared to SAR 0.82 a year ago. Diluted loss per share was SAR 13.21 compared to SAR 0.82 a year ago.
For the nine months, sales was SAR 524.33 million compared to SAR 364.63 million a year ago. Net loss was SAR 138.19 million compared to SAR 18.11 million a year ago. Basic loss per share was SAR 14.03 compared to SAR 1.84 a year ago. Diluted loss per share was SAR 14.03 compared to SAR 1.84 a year ago.