ZAWYA-NEWS: Saudi Telecom Company’s FY 2025 net profit drops 39% to $3.95bln
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Saudi Telecom Company (stc) reported a 39.94% decline in net profit for FY 2025, totaling SAR 14.83 billion ($3.95 billion), primarily due to a significant one-off gain in 2024 from selling a controlling interest in subsidiaries. Excluding this gain, underlying profit increased by 12.5%. Total sales rose by 2.5% to SAR 77.82 billion, with operating profit up 6.6% to SAR 14.44 billion.
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