Atheeb Telecom Q2 results: sales of SAR 563 million, net profit SAR 72 million
Atheeb Telecom posted second-quarter sales of SAR 563 million and net profit of SAR 72 million, Reuters reported, citing Etihad GO Telecom's filing.
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what happened
Etihad GO Telecom reported Atheeb Telecom's second-quarter results, with sales of SAR 563 million and net profit of SAR 72 million, according to Reuters.
The segment picture is mixed. Revenue in the B2B business rose 5%, while the wholesale segment grew 53%. At the same time, cost of revenue, selling and marketing expenses and general and administrative costs all increased. Other income declined, and operating costs and expenses overall went up.
why it matters
Quarterly reports from smaller telecom companies matter mainly to investors tracking the Saudi market. The results show sales growth came alongside higher operating costs, so the balance between these two trends is what investors will watch.
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- Atheeb Telecom Q2 Profit SAR 72 Mln — Reuters, 8 November 2026 at 06:31 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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