Wafrah for Industry and Development Company reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was SAR 135.05 million compared to SAR 64.97 million a year ago. Net income was SAR 18.99 million compared to net loss of SAR 10.93 million a year ago.

Basic earnings per share from continuing operations was SAR 1.38 compared to basic loss per share from continuing operations of SAR 0.79 a year ago.