10 Hrs
Source:
مباشر
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Source: مباشر
10 Hrsمباشر
Source: مباشر
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The combined profits of Saudi-listed telecommunications companies reached SAR 4.66 billion in the third quarter of 2026, down 9.93% from the same period in 2025 and 1.4% from the second quarter. STC’s profit fell 12.37% to about SAR 3.6 billion, while Zain Saudi Arabia’s declined 9.8% to SAR 138 million. Mobily’s profit, by contrast, rose 0.98% to SAR 925 million. The declines at STC and Zain were attributed to factors including lower operating profit and higher financing costs at STC, and increased operating expenses at Zain. In the first nine months of the year, combined profits fell 2.07% to SAR 14.17 billion, with STC’s profit down 5.7%, while Mobily’s and Zain’s rose 7.68% and 45.04%, respectively.
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