Wafrah for Industry and 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 39.53 million compared to SAR 33 million a year ago. Net income was SAR 4.55 million compared to SAR 5.02 million a year ago. Basic earnings per share from continuing operations was SAR 0.21 compared to SAR 0.65 a year ago.
For the six months, sales was SAR 78.3 million compared to SAR 67.56 million a year ago. Net income was SAR 10.17 million compared to SAR 11.18 million a year ago. Basic earnings per share from continuing operations was SAR 0.47 compared to SAR 1.45 a year ago.