Mobily’s net profits increased by 10.5% to 916 million riyals in the third quarter

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Mobily’s net profits increased by 10.5% to 916 million riyals in the third quarter

The net profits of Etihad Etisalat Company (Mobily) for the third quarter of the current year increased by 10.5% to 916 million riyals, compared to 829 million riyals for the corresponding quarter of the previous year.

According to a statement "On Saudi Arabia trading"Today, Wednesday, the increase in net profit is due to growth in revenues, as total profit increased by 4.9% to reach 2,691 million riyals in the third quarter of the fiscal year 2025 compared to 2,566 million riyals for the same quarter of the previous year.

Profit before deducting depreciation and amortization, Islamic Murabaha costs, and Zakat

Profit before deducting depreciation and amortization increased The costs of Islamic Murabaha and Zakat (EBITDA) reached 1,970 million riyals during the third quarter of the fiscal year 2025, compared to 1,846 million riyals for the same quarter of the previous year, an increase of 6.7%, and this increase is due to the growth in the company’s revenues and its operational efficiency.
The profit margin before deducting depreciation and amortization also reached 40.6% in the quarter. The third quarter of the fiscal year 2025 compared to 41.0% for the same quarter of the previous year.

Operating profit

Operating profits increased during the third quarter of the fiscal year 2025 by 8.1% to reach 1,038 million riyals, compared to 960 million riyals in the same quarter of the previous year, and this is due to the growth in profit before deducting depreciation, amortization and Murabaha costs. Islamic and Zakat.

Net income and other expenses

Net other expenses decreased during the third quarter of the fiscal year 2025 to reach (95.3) million riyals compared to (102.3) million riyals in the same quarter of the previous year, supported by the decrease in net financing costs.

Zakat and income tax expense

Zakat expense decreased. And the income tax for the third quarter of the fiscal year 2025, reaching 26 million riyals, compared to 29 million riyals for the same quarter of the previous year.

Resignation of the Chairman of the Board of Directors and his deputy

In another context, the Board of Directors of (Mobily) decided, in its meeting held on October 21, 2025, to accept the resignation of Abdul Karim Al-Nafi, who submitted a request to resign due to his special circumstances, while continuing as a member of the Board. Nabil Al-Amoudi’s resignation from the position of Vice Chairman of the Board of Directors was also accepted, while he continued as a member of the Board.

The Board approved the appointment of Moataz Al-Azzawi as Chairman of the Board of Directors, and Abdul Karim Al-Nafi as Deputy, provided that the decisions take effect from October 22nd until the end of the current Board session on November 30, 2028.