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Saudi-based Acwa Power has reported a SR883 million ($235 million) net profit for the first nine months, up 110% over last year, while its operating income surged 11% to hit SR1.88 billion ($501 million) driven by robust growth in its operating income.
Consolidated net profit attributable to equity holders of the parent for the first nine months of SAR883 million, a 110% increase year-on-year...
The situation baffled economic agents because the central bank data is reassuring as far as the country’s foreign exchange reserves are concerned.
Investegate announcements from SDX Energy PLC, RESULTS FOR THE 3 AND 6 MONTHS ENDED 30 JUNE 2022
Saudi Arabian utility developer Acwa Power reported a net profit after zakat and tax of SR541.72 million ($144.25 million) for the first half of the year, compared to SR446.88 million for the same period in 2021, a 21.22% increase.