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SEC Reports Strong Q2 2025 Growth, Aligns with Saudi’s Energy Vision
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5 Articles
The strong results reflect the increase in demand, business growth and strategic investments amid Saudi Arabia’s accelerated energy transition Saudi Electricity Company (SEC) continued to record strong financial and operational results in the second quarter and the first half of 2025. Second quarter revenues grew by 24% to SAR 27.7 billion, while gross profit increased by 42% to SAR 7.4 billion. Operating profit increased by 21% to SAR 6.8 billi…
Saudi Electricity's revenue up on higher power demand
Saudi Electricity Company, 75 percent owned by the sovereign Public Investment Fund, said net profit surged in the second quarter and the first half of 2025, supported by higher revenue from power generation and rising demand. The net earnings for the first six months rose 19 percent year on year to SAR6.3 billion, the state-backed utility provider said in a statement to the Saudi stock exchange. Revenues jumped 23 percent annually to SAR47.2 bi…
SEC Reports Strong Q2 2025 Growth, Aligns with Saudi’s Energy Vision
Saudi Electricity Company (SEC) has posted strong financial and operational results for the second quarter and first half of 2025, reflecting the kingdom’s accelerating energy transition and rising demand. The company’s revenue grew by 24% to SAR 27.7 billion in Q2, with gross profit rising by 42% to SAR 7.4 billion. Operating profit increased by 21% to SAR 6.8 billion, and net profit reached SAR… Source
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