Stc Logs Lower H1 Net Profit; Revenue Up

09:26 AM EDT, 07/29/2026 (MT Newswires) -- Saudi Telecom Co. (SASE:7010), d/b/a stc, said Wednesday its net profit for the first half decreased, while revenue rose year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 7.32 billion Saudi riyals, compared with 7.47 billion riyals earlier. EPS moved to 1.47 riyals from 1.5 riyals. The Saudi Arabia-listed telecommunications company's revenue was 40.11 billion riyals, compared with 38.66 billion riyals a year ago. Stc said it will distribute an unchanged interim dividend of 0.55 riyals per share for the second quarter, payable on Aug. 20 to shareholders on record Aug. 3.