11 Hrs
Source:
الاقتصادية
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Source: الاقتصادية
11 Hrsالاقتصادية
Source: الاقتصادية
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ACWA Power’s net profit surged 71.1% in the third quarter of 2026 to 635.1 million riyals, compared with 371.2 million riyals a year earlier. Revenue rose 32.7% to 2.2 billion riyals, while operating profit climbed 88.2% to 1.11 billion riyals. The company attributed the profit growth to improved results from its investee companies and higher gross profit, as well as lower general and administrative expenses. In the first nine months of the year, net profit rose 0.6% to 1.29 billion riyals, despite an 8.8% decline in operating profit to 2.55 billion riyals.
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