Solutions Grows Nine-Month Revenue 9.2% to 9.6B SAR
Riyadh, Saudi Arabia — Arabian Internet and Communications Services Company, known as Solutions, posted net profit of 1.241 billion SAR for the nine months ended September 30, 2026, up just 1.4% from 1.224 billion SAR a year earlier. Revenue rose 9.2% to 9.637 billion SAR, driven by Core ICT Services and IT Managed and Operational […] The post Solutions Grows Nine-Month Revenue 9.2% to 9.6B SAR…
Arabian Internet and Communications Services Company, Solutions, reported a nine-month revenue of 9.637 billion SAR, a 9.2% increase, in the period ended September 30, 2026. Revenue growth was primarily driven by Core ICT Services and IT Managed and Operational Services. The net profit for the period was 1.241 billion SAR, a 1.4% increase from the previous year.
However, early retirement charges and lower finance income impacted the bottom line, masking underlying momentum. Adjusted net profit growth is closer to 5% excluding these one-off items. In Q3, revenue climbed 9.6% year-on-year to 3.394 billion SAR, while net profit remained flat at 417 million SAR. Sequentially, revenue rose 4.7% from the previous quarter, but net profit fell 7.9%.
Written by urgent.news from The Saudi Standard's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
