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Saudi Energy takes 85% of Q3 profits

Saudi Energy takes 85% of Q3 profits

Companies listed in the utilities sector on the Saudi market reported combined profits of SAR 6.31 billion in the third quarter of 2026, up 4.91% year over year. Revenue rose by more than 13% to exceed SAR 41 billion. Saudi Energy Company accounted for SAR 5.35 billion, or 84.79% of the sector’s profits, while ACWA reported profits of SAR 635.08 million. In the first nine months of the year, sector profits rose 2.45% to SAR 14.05 billion, with Saudi Energy Company accounting for 85.98% of the total.

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