Riyadh - Mubasher: Arabian Contracting Services Company (Al Arabia) logged net profits after tax totaling SAR 8.88 million in the first quarter (Q1) of 2026, an annual leap of 94.54% from SAR 162.78 million.
The sales fell by 21.99% year-on-year (YoY) to SAR 415.64 million in Q1-26 from SAR 532.83 million, according to the interim financial results.
Al Arabia recorded earnings per share (EPS) of SAR 0.16 at the end of March 2026, versus SAR 2.96 a year earlier.
The Q1-26 net profits plunged by 93.69% from SAR 140.82 million in Q4-25, while the revenues declined by 28.30% from SAR 579.77 million.
Last March, the outdoor advertising services group named Mohamed Abdulelah Alkhereiji and Mohammed Abdullah Alnemer as the board’s Chairman the Vice Chairman, respectively.
