Publisher: Maaal International Media Company
License: 465734
Thursday, 8 May 2025
ACWA Power Q1 profit jumps 44% to SAR 427.2 mln
ACWA Power reported on Thursday a 44.2% rise in net profit to SAR 427.2 million in the first quarter of 2025, up from SAR 296.2 million in the year-earlier period, following the release of preliminary financial results for the three months ended March 31, 2025.
Operating profit surged 116.8% to SAR 869 million from SAR 401.2 million in the same quarter last year.
Earnings per share rose to SAR 0.58 from SAR 0.41.
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