Saudi Energy generates SAR 1.8bn profits in Q1-26 consolidated financials

SAUDI ENERGY
5110 -4.45% 16.75 -0.78

Riyadh - Mubasher: The net profits attributable to the shareholders of Saudi Energy Company hiked by 89.35% to SAR 1.83 billion in the first quarter (Q1) of 2026 from SAR 968 million in Q1-25.

The group posted 9.41% year-on-year (YoY) higher revenues at SAR 21.33 billion as of 31 March 2026, compared to SAR 19.50 billion, according to the interim consolidated financial results.

Loss per share hit SAR 0.10 in Q1-26, compared to SAR 0.29 in the year-ago period.

The quarterly profits jumped by 31.77% from SAR 1.39 billion in Q4-25, while the revenues fell by 10.90% from SAR 23.94 billion.

Saudi Energy registered net profits attributable to shareholders valued at SAR 12.97 billion in 2025, whereas the revenues exceeded SAR 102 billion.

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