ARAB NATIONAL BANK-
Arab National Bank’s (ANB) net income rose 8.5% y-o-y to SAR 1.34 bn in 2Q 2025, supported by higher net special commission income, investment gains, and fee and exchange income, according to a disclosure to Tadawul.
Total income from financing rose 5.9% y-o-y to SAR 3.1 bn, while total income from investments surged 28.1% y-o-y to SAR 794 mn.
In 1H, ANB’s net income increased 7.1% y-o-y to SAR 2.6 bn. The bank’s total income from financing saw a 3.9% y-o-y increase to over SAR 6 bn, while its total income from investments rose 16.4% y-o-y to SAR 1.4 bn.
MOBILY-
Etihad Etisalat (Mobily) saw its net income increase 25.6% y-o-y in 2Q 2025 to SAR 830 mn on the back of growth across all its revenue streams, an expanded overall subscriber base, and a reduction in net expenses and taxes, it said in a disclosure to Tadawul yesterday. The figure beat Bloomberg analyst forecasts, which stood at SAR 734 mn.
MEANWHILE- Revenues increased 8.1% y-o-y to SAR 4.8 bn over the same period.
In the first half of the year, Mobily’s bottom line grew 22.9% y-o-y to SAR 1.6 bn, and its top line rose 6.6% y-o-y to SAR 9.6 bn.
ALSO- Mobily’s Board greenlit a SAR 924 mn dividend payout at SAR 1.2 apiece for 1H 2025, it said in a separate disclosure. The distribution date is set for 19 August.
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SASCO-
Saudi Automotive Services Company (Sasco) reported a 131% y-o-y jump in net income at SAR 29.7 mn in 2Q 2025, according to a disclosure to Tadawul. Revenue rose 15.6% y-o-y to SAR 2.9 bn during the quarter.
The drivers: Growth was driven by higher sales volumes from a growing number of stations, stronger performance from Sasaco Palm and the transportation sector, and a rise in diesel prices, along with higher other income streams and lower general expenses.
On a 1H basis, Sasco’s bottom line increased 48.6% y-o-y to SAR 34 mn, while revenue rose 14.1% y-o-y to SAR 5.6 bn.