GO TELECOM-

Etihad Atheeb Telecommunication (Go Telecom) posted a 14.4% y-o-y increase in net income to SAR 223 mn in the fiscal year ending 31 March 2025, supported by strong performance across the business sector and the recent acquisition of Ejad Tech, according to a disclosure to Tadawul. Revenue rose 43.9% y-o-y to SAR 1.46 bn during the same period, attributed to growth in the fiber and voice services.

ALSO- Go Telecom’s board recommended distributing SAR 10.2 mn in dividends at SAR 0.30 per share for the fiscal year, it said in a disclosure to Tadawul. The distribution date is yet to be announced.

ABO MOATI BOOKSTORES-

Abo Moati Bookstores’ net income fell 17.9% y-o-y to SAR 22.1 mn in the fiscal year ending 31 March 2025, pulled down by rising operating expenses and financing costs, it said in a Tadawul disclosure. Revenue also dropped 2.1% y-o-y to SAR 264.8 mn during the same period.

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