Saudi Paper Manufacturing 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 195.49 million compared to SAR 161.63 million a year ago. Net income was SAR 22.42 million compared to SAR 6.21 million a year ago. Basic earnings per share from continuing operations was SAR 0.6091.
For the nine months, sales was SAR 614.95 million compared to SAR 502.62 million a year ago. Net income was SAR 52.12 million compared to SAR 40.57 million a year ago. Basic earnings per share from continuing operations was SAR 1.4091.