ACWA POWER-

Acwa Power’s net income dropped by 23.6% y-o-y to SAR 481.8 mn in 2Q 2025, due to higher impairment expense and 2Q 2024 divestment gains, which were partially offset by higher operating income, lower G&A expenses, and a higher equity share, it said in an earnings release (pdf) on Thursday. The figure fell short of Bloomberg’s analysts expectations of SAR 564.3 mn.

Meanwhile, revenue went up 11.8% y-o-y to SAR 1.7 bn in 2Q 2025, driven by higher electricity sales.

On a 1H basis, the company’s bottom line inched down 1.9% y-o-y to SAR 909 mn, while its top line increased 32% y-o-y to SAR 3.7 bn.

Dividends: The power giant distributed SAR 62.5 mn in dividends for 1H 2025, compared to SAR 376.6 mn for the same period last year.

ELM COMPANY-

Elm Company’s net income rose 21.1% y-o-y to SAR 590 mn in 2Q 2025, supported by strong top-line growth and higher gross profitability, according to a disclosure to Tadawul. Revenue climbed 27.1% y-o-y to SAR 2.2 bn during the quarter, driven by solid performances across its digital businesses, process outsourcing, and professional services segments.

On a 1H basis, the company’s bottom line rose 30.6% y-o-y to SAR 1.1 bn, while revenue increased 21% y-o-y to SAR 4.1 bn.

ALSO- Elm Education’s board greenlit the distribution of SAR 350.4 mn in dividends for 1H 2025 at SAR 4.50 apiece, it said in a separate Tadawul disclosure. The distribution date is set for 19 August.

SAPTCO-

Saudi PublicTransport Company’s (Saptco) net loss slightly narrowed to SAR 40.5 mn in 2Q 2025, compared to SAR 41.6 mn in the same period last year, despite higher revenue cost, Zakat and Tax expenses, and lower finance and other income, it said in a Tadawul disclosure on Thursday.

Revenue expanded 20.3% y-o-y to SAR 503.1 mn, pushed by a rise in public transport operations. The company’s accumulated losses reached SAR 317.2 mn, or 25.4% of its capital.

On a 1H basis, the company turned to the black with SAR 20.4 mn in net income, compared to SAR 7 mn in net loss in 1H 2024. Revenue increased 16.2% y-o-y to SAR 844.4 mn.

YAMAMA CEMENT-

Yamama Cement Company saw its net income surge 43% y-o-y to SAR 121 mn in 2Q 2025, driven by a significant increase in sales volume, it said in a disclosure to Tadawul on Thursday. Revenue also jumped 48.7% y-o-y to SAR 362.4 mn over the same period.

On a 1H basis, the company’s net income rose 31.8% y-o-y to SAR 263.1 mn, while revenue climbed 37.5% y-o-y to SAR 711.4 mn.

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