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- Dubai 04:32 05:49 12:21 15:48 18:47 20:04
Saudi Electricity Co (SEC) reported a 25 per cent rise in its second-quarter net profit, according to a statement issued on Saturday.
SEC made a net profit of 1.335 billion riyals ($356 million) in the three months to end-June, compared to 1.068 billion riyals in the same period last year, said the statement posted on the bourse website.
Analysts surveyed by Reuters expected on average the firm to post a net profit of 1.321 billion riyals for the quarter.
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