Eastern Province Cement 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 242.91 million compared to SAR 173.99 million a year ago. Net income was SAR 40.89 million compared to SAR 19.84 million a year ago. Basic earnings per share from continuing operations was SAR 0.48 compared to SAR 0.23 a year ago.
For the nine months, sales was SAR 695.62 million compared to SAR 530.54 million a year ago. Net income was SAR 147.79 million compared to SAR 95.32 million a year ago. Basic earnings per share from continuing operations was SAR 1.72 compared to SAR 1.11 a year ago.