Arabian Drilling Company Reports 65% Decline in Q2 Profits to SAR 7 Million

Arabian Drilling Company reported a 65% drop in net profit, reaching SAR 7 million during the second quarter of 2025, compared to SAR 20 million in the same period last year.

Operational profit for the second quarter amounted to SAR 67 million, down 10% from SAR 75 million in the same quarter of the previous year.

For the six-month period, the company recorded a profit of SAR 83 million, a decrease of 50% compared to SAR 166 million in the same period last year.

Earnings per share (EPS) for the current period were SAR 0.93, compared to SAR 1.87 in the same period of the previous year.