19 Mins
Source:
الاقتصادية
Source: الاقتصادية
19 Minsالاقتصادية
Source: الاقتصادية
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ACWA Power’s net profit jumped 71.1% in the third quarter of 2026 to SAR 635.1 million, compared with SAR 371.2 million in the same period last year. The company attributed the increase to improved results from investee companies, higher gross profit and lower general and administrative expenses. Revenue rose 32.7% to SAR 2.2 billion, while operating profit increased 88.2% to SAR 1.11 billion. In the first nine months of the year, net profit rose 0.6% to SAR 1.29 billion. Revenue increased 16% to SAR 6.24 billion, while operating profit fell 8.8% to SAR 2.55 billion.
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