Saudi Advanced Industries Company reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SAR 25.35 million compared to SAR 34.44 million a year ago. Revenue was SAR 25.35 million compared to SAR 34.44 million a year ago.

Net income was SAR 22.07 million compared to SAR 30.94 million a year ago. Basic earnings per share from continuing operations was SAR 0.37 compared to SAR 0.52 a year ago.