Electrical Industries Q1 Profit Surges 64% to SAR 123.4 Mln

Electrical Industries Co. (EIC) reported on Thursday a 64% jump in first-quarter net profit to SAR 123.4 million, up from SAR 75.2 million in the same quarter last year. This came after the announcement today of the preliminary financial results for the (three-month) period ending March 31, 2025.

Operational profit rose 39.2% in the first quarter to SAR 137.8 million, compared to SAR 99 million in the same quarter last year.

Total equity (excluding non-controlling interests) for the three-month period reached SAR 930.8 million, up 26.6% from SAR 734.7 million a year earlier.

Profits per share for the current period rose to SAR 0.11 from SAR 0.07 in the prior-year period.