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Ades Holding Posts Lower H1 Attributable Net Profit; Revenue Rises

MT Newswires·08/10/2026 02:27:51
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02:27 AM EDT, 08/10/2026 (MT Newswires) -- Ades Holding (SASE:2382) said Monday that its net profit for the first half declined, while revenue rose year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 365 million Saudi riyals, compared with 382.8 million riyals a year ago. EPS moved to 0.33 riyal from 0.35 riyal. The Saudi Arabia-listed drilling services company's revenue was 4.54 billion riyals, compared with 3.05 billion riyals previously.