Day: November 7, 2023

Saudi Electricity Company reports a net profit of SAR 5.8 billion in Q3 and increase capital investments by 52% during the first nine months of 2023

Saudi Electricity Company (SEC) today released its financial results for the third quarter and the first nine months of 2023. The company recorded operating revenues of SAR 23.8 billion, compared to SAR 22.7 billion in the same quarter of the previous year, reflecting a 4.6% increase. The company attributed this substantial revenue growth primarily to

Saudi Electricity Company reports a net profit of SAR 5.8 billion in Q3 and increase capital investments by 52% during the first nine months of 2023

Saudi Electricity Company (SEC) today released its financial results for the third quarter and the first nine months of 2023. The company recorded operating revenues of SAR 23.8 billion, compared to SAR 22.7 billion in the same quarter of the previous year, reflecting a 4.6% increase. The company attributed this substantial revenue growth primarily to

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