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Alkhorayef Water Logs Higher H1 Net Profit; Revenue Declines

MT Newswires·08/03/2026 08:58:56
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08:58 AM EDT, 08/03/2026 (MT Newswires) -- Alkhorayef Water and Power Technologies (SASE:2081) said Monday that net profit rose in the first half, while revenue decreased year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 128.1 million Saudi riyals, compared with 119.8 million riyals earlier. EPS moved to 3.66 riyals from 3.42 riyals. The Tadawul-listed water and wastewater management company's revenue was 1.03 billion riyals, compared with 1.28 billion riyals a year ago.