EIC generates SAR 191m profits in Q1-26 initial financials

EIC
1303 -3.77% 17.10 -0.67

Riyadh - Mubasher: Electrical Industries Company (EIC) logged net profits valued at SAR 190.77 million in the first quarter (Q1) of 2026, an annual leap of 54.55% from SAR 123.43 million.

The earnings per share (EPS) jumped to SAR 0.17 in Q1-26 from SAR 0.11 in Q1-25, according to the interim financial results.

EIC posted revenues totaling SAR 661.43 million in the first three months (3M) of 2026, up 34.63% year-on-year (YoY) from SAR 506.68 million.

Quarterly, the Q1-26 profits fell by 8.59% from SAR 208.71 million in Q4-25, whereas the revenues declined by 5.26% from SAR 698.17 million.

At the end of December 2025, the company’s net profits attributable to the shareholders reached SAR 629.92 million, compared to SAR 401.73 million in 2024.

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