Tabuk Agricultural Development 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 48.08 million compared to SAR 52.39 million a year ago. Net income was SAR 128.26 million compared to SAR 5.16 million a year ago. Basic earnings per share from continuing operations was SAR 3.27 compared to SAR 0.13 a year ago.
For the nine months, sales was SAR 96.28 million compared to SAR 99.22 million a year ago. Net income was SAR 104.95 million compared to net loss of SAR 22.14 million a year ago. Basic earnings per share from continuing operations was SAR 2.68 compared to basic loss per share from continuing operations of SAR 0.57 a year ago.