STC reduces its half-year profit by 2.1% but increases its revenue by 3.8%
La ‘teleco’ saudí, accionista estratégica de Telefónica, repartirá esta semana un dividendo de 635 millones de euros
Saudi Telecom Company (STC) reported a net profit of 7.319 billion Saudi riyals (1.692.2 million euros) for the first half of 2026. This represents a 2.1% decrease from 7.472 billion Saudi riyals (1.727.5 million euros) in the same period last year. STC is a significant shareholder of Telefónica, owning almost 10% of the company's capital. The figures are based on the company's interim consolidated accounts.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
