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الاقتصادية
stc Group Profit Rises 6.3 Percent
stc Group announced its preliminary financial results for the first half of 2026, recording a revenue increase of 3.8% to reach 40.11 billion riyals, and a net profit rise of 6.3% after excluding non-recurring items, surpassing analysts’ expectations. The results demonstrated the strength of the group's financial and operational performance, with an expanding customer base and continuous development of digital infrastructure. This includes growth in the number of 5G towers to 12,120 and an increase in homes connected to the fiber network to 3.87 million. Investments were focused on enhancing network infrastructure and telecommunications services, along with strategic partnerships to strengthen internet and satellite communication services, all while adhering to sustainability policies and fostering a responsible work environment.
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