Saudi Energy H1 profit reaches 6.7bn
Saudi Energy Company announced its financial results for the first half of 2026, recording a 10.5% increase in operating revenues to reach 52.2 billion riyals. Earnings before depreciation, amortization, interest, Zakat, and taxes grew by 8.2% to 21.5 billion riyals. Net profit rose to 6.7 billion riyals, an increase of 7.5%. The strong performance supports the Kingdom's Vision for transformation in the energy sector, alongside ongoing expansion in networks and clean technology, amidst efforts to ensure service reliability and achieve sustainable growth in line with Saudi Vision 2030.
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