Saudi AZM logs nearly 37% higher net profits in 9M-25/26

AZM
7211 1.11% 24.50 0.27

Riyadh - Mubasher: Saudi AZM for Communications and Information Technology Company recorded SAR 34.74 million in net profits attributable to the shareholders during the first nine months (9M) of fiscal year (FY) 2025/2026.

The 9M-25/26 net income was higher by 36.83% year-on-year (YoY) than SAR 25.38 million, according to the financial results.

Revenues hit SAR 220.40 million in 9M-25/26, increasing by 16.55% when compared with SAR 189.10 million in 9M-24/25.

The earnings per share (EPS) grew to SAR 0.59 in the July 2025-March 2026 period from SAR 0.43 in the same period a year earlier.

Quarterly Results

In the third quarter (Q3) of FY25/26, the Tadawul-listed company registered SAR 10.94 million in net profits, marking an annual surge of 36.70% from SAR 8 million.

Furthermore, the revenues stood at SAR 75.78 million in Q3-25/26, higher by 17.54% YoY than SAR 64.46 million.

On a quarterly basis, the Q3-25/26 net profits rose by 12.45% when compared to SAR 9.73 million in Q2-25/26, while the revenues grew by 1.49% from SAR 74.66 million.

Source: Mubasher Source: {{details.article.source}}