Saudi Ceramics Reports Q3 Net Profit of SAR 6 Million

Saudi Ceramics Co. recorded on Monday a net profit of 6.03 million riyals during the third quarter, compared to a loss of 168.5 million riyals in the same quarter last year. This came after the announcement today of the preliminary financial results for the duration ending Sep. 30, 2024 (nine months).

The operational profit amounted to 1.4 million riyals in the third quarter, compared to a loss of 35.2 million riyals in the same quarter last year.

The company’s net profit during the 9-month duration amounted to 10.7 million riyals, compared to a loss of 120.5 million riyals in the same duration last year.

The profits per share in the current duration reached 0.12 riyals, compared to a loss of 1.39 riyals in the same duration last year.