Retal Urban 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 335.99 million compared to SAR 406.07 million a year ago. Net income was SAR 33.44 million compared to SAR 89.76 million a year ago. Basic earnings per share from continuing operations was SAR 0.07 compared to SAR 0.18 a year ago.
For the nine months, sales was SAR 918.98 million compared to SAR 815.38 million a year ago. Net income was SAR 145.98 million compared to SAR 183.2 million a year ago. Basic earnings per share from continuing operations was SAR 0.29 compared to SAR 0.37 a year ago.