Riyadh – Mubasher: Saudi Telecom Company (stc) recorded net profits valued at SAR 3.64 billion in the first quarter (Q1) of 2025, marking a growth of 11.04% from SAR 3.28 billion in Q1-24.
The revenues increased by 1.59% year-on-year (YoY) to SAR 19.21 billion in Q1-25 from SAR 18.90 billion, according to the financial statements.
Earnings per share (EPS) hit SAR 0.73 as of 31 March 2025, compared to SAR 0.66 in Q1-24.
Quarterly, the Q1-25 profits retreated by 72.88% from SAR 13.45 billion in Q4-24, whereas the revenues went down by 0.29% from SAR 19.26 billion.
Cash Dividends
In accordance with the dividends distribution policy for a three-year period starting from Q4-24, stc will distribute interim dividends amounting to SAR 2.74 billion for Q1-25.
The telecom group will pay out SAR 0.55 for 4.98 billion eligible shares on 20 May 2025.
At the end of 224, stc generated 85.70% YoY higher net profits at SAR 24.68 billion.
