Saudi utility giant Acwa’s Q3 net profit jumps 71% to $169m
Saudi Arabia’s utility giant Acwa reported a 71.1 percent year-on-year increase in third quarter net profit attributable to shareholders, reaching SR635.1 million ($169.4 million), according to a Tadawul filing on Nov. 5. Revenue climbed 32.7 percent to SR2.2 billion in the three months ended Sept. 30, compared with SR1.66 billion…
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