Idarat profit hits 19.8M in H1 2026
The preliminary financial results of Edarat Communications and Information Technology revealed a 29.8% increase in net profits during the first half of 2026, reaching 19.79 million SAR compared to 15.24 million SAR in the same period last year. This improvement was driven by higher revenues in the data center engineering and cloud services sectors, where revenues rose by 21.94% to 91.64 million SAR, supported by enhanced operational efficiency and cost optimization. Additionally, the company's profits increased to 33.8 million SAR, with earnings per share reaching 2.62 SAR following capital increases and improved profit margins.
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