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Al Babtain Q3 profit up
Al-Babtain Power and Telecommunication Company’s net profit rose 16.65% year on year in the third quarter of 2026 to SAR 148.5 million, compared with SAR 127.3 million in the same period of 2025. The company attributed the increase to lower administrative, marketing and financing costs. However, profit fell 2.04% compared with the previous quarter, while revenue rose 1.5% year on year to SAR 788.5 million. In the first nine months of 2026, profit increased 41.53% to SAR 443.4 million, and revenue rose 11.97% to SAR 2.35 billion.
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