Al Arabiya’s annual profits decreased by 34% to 188 million riyals
achieved "Arab Company for Technical Contracting" A decrease in net profit after zakat to reach 188 million riyals in 2025 compared to 285 million riyals in the previous year, a decrease of 34%.
The company said in a statement on "Saudi Arabia trading"This decrease is mainly due to the increase in operational and financing costs associated with the current expansion phase of the network of advertising sites, in addition to the incomplete installation and operation of a number of advertising assets associated with several strategic projects, which led the company to bear part of the operational costs before the full operational benefit of those assets was completed.
The net profit was also affected by the increase in general and administrative expenses as a result of the formation of one-time allocations to meet potential obligations, as well as the increase in expected credit losses associated with financial assets, in addition to the increase in financing costs associated with financing strategic projects. .
Despite this, the company continues to implement its expansion plans and complete the network of advertising sites associated with a number of strategic projects and contracts, which is expected to reflect positively on the operational and financial performance during the coming periods.
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