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معلومات مباشر
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معلومات مباشر

2026-11-08T15:15:39.484Z

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NetWorkers profit falls 39.8%

NetWorkers profit falls 39.8%

Saudi Networkers Services Company’s third-quarter 2026 profit fell 39.82% year on year to SAR 5.47 million, compared with SAR 9.09 million in the same period of 2025. It also declined 53.58% from the second quarter. The company attributed the decrease to non-recurring expenses related to its move to the Main Market, higher expected credit loss provisions, and increased zakat expenses. Third-quarter revenue rose 0.14% to SAR 146.48 million. For the first nine months of the year, profit fell 19.06% to SAR 24.03 million, while revenue declined 1.03% to SAR 438.94 million.

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