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Mobiley Q3 profit hits 925 million riyals
Mobily, the United Telecommunication Company, achieved a net profit of 925 million SAR during the third quarter of 2026, representing a 0.9% increase compared to the same period last year, and a 2.66% rise quarter-over-quarter. The main reason for this increase was higher revenues, as total income grew by 4.9% to reach 2,824 million SAR. EBITDA also rose to 2,001 million SAR, up by 1.6%, while operating profits declined by 3.3% due to higher depreciation and amortization expenses. Additionally, net other expenses decreased to 53 million SAR, and the zakat and income tax expense remained stable at 26 million SAR. Over the nine months, the company's profits amounted to 2.71 billion SAR, an increase of 7.68% compared to the same period last year.
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