Profitability Constraints
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ADES Posts Modest Profit Growth on Acquisition-Driven Revenue Boost
Yahoo Finance· 2026-03-30 08:15
ADES Holding Co. reported a 7.9% year-on-year increase in revenue to SAR 6.69 billion ($1.78 billion) for full-year 2025, driven by operational performance across core markets and the late-year acquisition of Shelf Drilling. Net profit attributable to shareholders rose marginally by 1.9% to SAR 818 million, reflecting cost pressures that offset topline gains. While gross profit climbed 7.4% to SAR 2.53 billion and operating profit rose 5.8% to SAR 2.05 billion, net margins narrowed to 12.5% from 13.2% a ...