Retal Urban 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 263.38 million compared to SAR 134.15 million a year ago. Net income was SAR 71.01 million compared to SAR 30.03 million a year ago. Basic earnings per share from continuing operations was SAR 0.144 compared to SAR 0.064 a year ago.
For the six months, sales was SAR 582.99 million compared to SAR 409.31 million a year ago. Net income was SAR 112.55 million compared to SAR 93.47 million a year ago. Basic earnings per share from continuing operations was SAR 0.224 compared to SAR 0.184 a year ago.