Zamil Industrial Investment 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 1,223.23 million compared to SAR 1,008.41 million a year ago. Revenue was SAR 1,225.88 million compared to SAR 1,011.36 million a year ago. Net loss was SAR 33.17 million compared to net income of SAR 2.44 million a year ago. Basic loss per share from continuing operations was SAR 0.56 compared to basic earnings per share from continuing operations of SAR 0.05 a year ago. Basic loss per share was SAR 0.55 compared to basic earnings per share of SAR 0.04 a year ago.
For the nine months, sales was SAR 3,382.35 million compared to SAR 2,856.32 million a year ago. Revenue was SAR 3,390.56 million compared to SAR 2,865.36 million a year ago. Net loss was SAR 231.08 million compared to SAR 78.48 million a year ago. Basic loss per share from continuing operations was SAR 4.51 compared to SAR 1.25 a year ago. Basic loss per share was SAR 3.85 compared to SAR 1.31 a year ago.