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معلومات مباشر
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2026-11-08T06:53:57.300Z

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Arabian Drilling Profits

Arabian Drilling Profits

Arabian Drilling Company returned to profitability in the third quarter of 2026, posting a net profit of SAR 31.4 million, compared with a loss of SAR 9.4 million in the same period of 2025 and a loss of SAR 31.5 million in the previous quarter. Revenue reached SAR 810.7 million, up 6% quarter on quarter, supported by the resumption of operations at four offshore rigs, improved operational efficiency and cost reductions. In the first nine months of the year, revenue declined 8.1% to SAR 2.39 billion, while net profit stood at SAR 6.9 million. The company expects revenue to grow by 8% to 10% quarter on quarter in the fourth quarter.

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