Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) suffered net losses amounting to SAR 326.75 million in the first nine months (9M) of 2025.
The negative performance was against net profits valued at SAR 192.45 million in 9M-24, according to the financial results.
Revenues stood at SAR 1.39 billion in 9M-25, an annual leap of 19.44% from SAR 1.16 billion.
The loss per share hit SAR 5.90 as of 30 September 2025, compared to an earnings per share (EPS) of SAR 3.50 a year earlier.
Quarterly Results
In the third quarter (Q3) of 2025, Al Arabia turned to net losses of SAR 218.30 million, versus net profits worth SAR 44.31 million in July-September 2024.
Net sales hiked by 18.65% year-on-year (YoY) to SAR 418.72 million in Q3-25 from SAR 352.88 million.
The reported net losses in Q3-25 deepened by 39.33% from SAR 156.67 million in Q2-25, whereas the revenues declined by 2.69% from SAR 430.32 million.
