Saudi Advanced Industries Company provided earnings guidance for the quarter and six months ended June 30, 2024. For the quarter, the company estimated Sales/Revenue of SAR 118.89 million as compared to results of SAR 53.59 million a year ago; Operational Profit of SAR 114.14 million as compared to results of SAR 50.66 million a year ago; Net profit of SAR 108.67 million as compared to results of SAR 50.16 million a year ago.

For six months, the company estimated Sales/Revenue of SAR 240.78 million as compared to results of SAR 78.94 million a year ago; Operational Profit of SAR 226.35 million as compared to results of SAR 73.23 million a year ago; Net profit of SAR 217.4 million as compared to results of SAR 72.23 million a year ago; Profit per Share of SAR 3.67 as compared to results of SAR 1.35 a year ago.