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Acwa sees H1 profit drop as CEO praises company ‘discipline’
RIYADH: Saudi water desalination company Acwa saw a 28 percent year-on-year drop in its profits in the first half of 2026, with its CEO citing the “pace of the market” as a factor. Over a period which saw major upheaval across the Middle East thanks to the ongoing US-led war with Iran, the firm posted a net profit of SR653 million ($173.90 million) compared with SR909 million for the same period in 2025.
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arabnews.com
Aramco’s adjusted Q2 profit jumps 33% despite supply disruption
RIYADH: Saudi Aramco reported second-quarter adjusted net income of $33.4 billion, up 33 percent year on year, as the state oil giant weathered unprecedented disruption through…
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economictimes.indiatimes.com
Global Market: Saudi Aramco Q2 profit jumps 44% as Middle East conflict boosts oil prices
Saudi Aramco reported a 44% year-on-year jump in second-quarter net profit, beating analyst estimates as higher crude oil prices offset lower sales volumes. The oil giant said…
