Etihad Etisalat Company (Mobily) posted a net profit of SAR 767 million for the first quarter (Q1) of 2025, reflecting a 20.21% year-on-year (YoY) increase from SAR 638 million.
The company’s revenues rose by 5.10%, reaching SAR 4.77 billion in Q1-25, up from SAR 4.54 billion in Q1-24. Earnings per share (EPS) stood at SAR 1 as of March 31, 2025, compared to SAR 0.83 during the same period last year.
Quarterly, Mobily’s Q1-25 profits dropped by 21.65% from SAR 979 million in Q4-24, though revenues increased by 1.70% from SAR 4.69 billion.
Mobily also reported an impressive 39.20% YoY growth in its net profit for 2024, reaching SAR 3.10 billion, up from SAR 2.23 billion in 2023.
