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Etihad Etisalat Company (Mobily), a leading technology, media, and telecommunications company in Saudi Arabia, has signed several strategic partnership agreements with major global, regional, and local technology companies during its participation in LEAP 2025. Image Courtesy: Mobily Image used for illustrative purpose.
Etihad Etisalat Company (Mobily) generated SAR 767 million in net profit during the first quarter (Q1) of 2025, up 20.21% year-on-year (YoY) from SAR 638 million.
The company’s revenues increased by 5.10% to SAR 4.77 billion in Q1-25 from SAR 4.54 billion in Q1-24, according to the financial results.
Earnings per share (EPS) reached SAR 1 as of 31 March 2025, compared to SAR 0.83 a year earlier.
Quarterly, the Q1-25 profits dropped by 21.65% from SAR 979 million in Q4-24, while the revenues climbed by 1.70% from SAR 4.69 billion.
Mobily’s net profits witnessed an annual growth of 39.20% to SAR 3.10 billion in 2024, versus SAR 2.23 billion.
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