eXtra’s bottomline up, Tas’heel down in 1H
Growth was tempered by a 20.3% drop in eXtra’s 2Q earnings
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Growth was tempered by a 20.3% drop in eXtra’s 2Q earnings
The company recorded a 1.7% y-o-y drop in net income to SAR 636 mn in 2Q 2026
The firm also saw a 7.2% revenue drop due to volatile market conditions and shifting consumer patterns
Wholesale growth and the consolidation of its IT arm powered Etihad GO Telecom to a strong full-year performance. The company…
The performance was attributed to higher sales and new contracts
M&A activity helped boost Ades’ net income
The East-West Pipeline allowed crude to bypass Hormuz entirely
Al Othaim saw its net income dip almost 30%
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