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Saudi Cable Co.'s H1 Net Profit, Revenue Decline

MT Newswires·08/03/2026 01:14:22
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01:14 AM EDT, 08/03/2026 (MT Newswires) -- Saudi Cable Co. (SASE:2110) said Monday that its net profit and revenue for the first half decreased year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 26.1 million Saudi riyals, compared with 64.9 million riyals earlier. EPS moved to 3.91 riyals from 9.72 riyals. The Tadawul-listed cable company's revenue was 48.3 million riyals, compared with 74.3 million riyals a year ago.