Saudi Paper Manufacturing Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SAR 161.63 million compared to SAR 141.86 million a year ago. Net income was SAR 6.21 million compared to SAR 0.149228 million a year ago. Basic earnings per share from continuing operations was SAR 0.32 compared to SAR 0.01 a year ago.
For the nine months, sales was SAR 502.62 million compared to SAR 441.61 million a year ago. Net income was SAR 40.57 million compared to SAR 29.35 million a year ago. Basic earnings per share from continuing operations was SAR 2.11 compared to SAR 1.54 a year ago.