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Al-Babtain Power and Telecommunication Co. Logs Higher H1 Attributable Net Profit, Revenue
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09:24 AM EDT, 08/05/2026 (MT Newswires) -- Al-Babtain Power and Telecommunication Co. (SASE:2320) said Wednesday its attributable net profit and revenue for the first half increased year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 294.8 million Saudi riyals, compared with 185.9 million riyals earlier. EPS moved to 4.61 riyals from 2.91 riyals. The Tadawul-listed power and telecommunications products company's revenue was 1.56 billion riyals, compared with 1.32 billion riyals a year ago. Meanwhile, the board declared a dividend of 0.5 riyal per share for the second quarter, with the distribution date to be announced later to shareholders on record on Aug. 30.
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