Riyadh – Mubasher: Arabian Internet and Communications Services Company (solutions) registered SAR 370 million net profit during the first quarter (Q1) of 2026, up 2.46% year-on-year (YoY) from SAR 361 million.
The company generated revenues valued at SAR 3 billion as of 31 March 2026, an annual rise of 6.30% from SAR 2.82 billion, according to the interim financial results.
Similarly, the earnings per share (EPS) climbed to SAR 3.11 in Q1-26 from SAR 3.03 a year earlier.
The Q1-26 profits hiked by 32.61% from SAR 279 million in Q4-25, while the revenues shrank by 23.16% from SAR 3.90 billion.
Last year, the group’s net profits attributable to the shareholders fell by 5.89% to SAR 1.50 billion from SAR 1.59 billion in 2024.
