22 Oct 2015
(MENAFN) The Gulf’s largest utility firm Saudi Electricity Co. (SEC) reported a 9.5 percent surge in its third-quarter net profit, the company said in a posted statement.
The company made a profit of USD780 million in the three months to Sept. 30, up from USD711.64 million in the same period a year earlier, SEC said in a bourse statement.
NCB capital forecast Saudi Electricity would make a quarterly net profit of USD727.63 million. The company is looking for investment opportunities to offset financial pressures on its core electricity business.
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more