Baraka Water and Energy doubles profits in first half of 2026

Barka Water and Power Company (BWPC) doubled its profits during the first half of 2026, recording a 299.34% year-on-year increase to reach 1.21 million riyals (approximately $3.14 million), compared to 303 thousand riyals (around $785 thousand) in the same period of the previous year. Its revenues also rose by 47.47%, reaching 21.7 million riyals (about $56.25 million). However, the company reported a decline in its net annual profits for 2025, decreasing by 53.59% compared to the previous year.

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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

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