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Marafiq's H1 Net Profit Falls; Revenue Up

MT Newswires·08/05/2026 01:26:03
語音播報
01:26 AM EDT, 08/05/2026 (MT Newswires) -- The Power and Water Utility Co. for Jubail and Yanbu (SASE:2083), d/b/a Marafiq, said Wednesday its net profit for the first half slipped, while revenue grew year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 81.1 million Saudi riyals, compared with 227.5 million riyals earlier. EPS moved to 0.32 riyal from 0.91 riyal. The Saudi Arabia-listed utility company's revenue was 3.53 billion riyals, compared with 3.11 billion riyals a year ago.