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Saudi utility giant Acwa’s Q3 net profit jumps 71% to $169m

Saudi utility giant Acwa reported a 71.1% year-on-year increase in Q3 net profit, reaching SR635.1 million ($169.4 million), driven by higher contributions from equity-accounted investees and strong gross profit. Revenue rose 32.7% to SR2.2 billion, with oper…

Reported by Arab News
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INCIDENT FUSION

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Arab NewsSaudi utility giant Acwa’s Q3 net profit jumps 71% to $169mArab NewsSaudi utility giant Acwa’s Q3 net profit jumps 71% to $169m
INCIDENT EVOLUTION

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Signal first indexedP1 · 68% quality · 1 source

Corroboration 1→2 sources · quality 68→72P1 · 72% quality · 2 sources

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Quality 88→92P1 · 92% quality · 2 sources

Quality 92→96P1 · 96% quality · 2 sources

Quality 96→99P1 · 99% quality · 2 sources

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