Watani Iron Steel Co. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was SAR 595.64 million compared to SAR 622.89 million a year ago.

Net income was SAR 49.55 million compared to SAR 47.06 million a year ago. Basic earnings per share from continuing operations was SAR 2.7267 compared to SAR 2.5933 a year ago.