FLIC
Arab News
Saudi Energy’s 9-month profit rises 4.3% to $3.2bn
RIYADH: Saudi Energy’s net profit rose 4.3 percent year on year to SR12.1 billion ($3.2 billion) in the first nine months of 2026, supported by an expanding regulated asset base and higher project-related revenue. Revenue increased 11.5 percent to SR87.2 billion, which the company attributed to higher regulated revenue, including pass-through costs, increased income from project development and management contracts, and customer growth. The results come as Saudi Arabia reshapes its electrici
1 vote cast by the community
FLIC Trust Score100 / 100
How FLIC Trust Scores workFLIC Trust Scores turn community ratings into a 0–100 signal about how readers assess a story. Fake News votes lower the score, while Liberal, Conservative, and Independent classifications support it. The formula also rewards a balanced split between Liberal and Conservative ratings instead of treating one political viewpoint as automatically more trustworthy. Scores can change as more people vote and represent community judgment, not a factual verdict or substitute for reading the original reporting. Learn more about how FLIC works.
Open in FLIC App
or
Continue on Web