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FINANCIAL NEWS
Saudi Electricity reaches 10 percent profit growth after settlement
21 Jul 2013
(MENAFN) Good news was reported by Saudi Electricity Company (SEC) as it announced a 10 percent profit growth in Q2, reported Arabian Business.
The company cited the increase in profit to a USD 194 million settlement from the Saudi Arabian Oil Co (ARAMCO).
The company stated that its income for the months of April, May and June was at USD 401 million up from USD 362 million in the same period last year.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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