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ACWA POWER Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 1,747,464 | 1,562,568 | 11.832 | 1,967,235 | -11.171 |
| Gross Profit (Loss) | 714,132 | 836,907 | -14.67 | 1,100,844 | -35.128 |
| Operational Profit (Loss) | 1,337,036 | 990,221 | 35.023 | 869,954 | 53.69 |
| Net profit (Loss) | 481,826 | 630,620 | -23.594 | 427,152 | 12.799 |
| Total Comprehensive Income | 427,563 | 238,920 | 78.956 | -872,908 | - |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 3,714,699 | 2,814,325 | 31.992 |
| Gross Profit (Loss) | 1,814,976 | 1,457,460 | 24.53 |
| Operational Profit (Loss) | 2,206,989 | 1,388,853 | 58.907 |
| Net profit (Loss) | 908,977 | 926,791 | -1.922 |
| Total Comprehensive Income | -445,347 | 1,831,466 | - |
| Total Shareholders Equity (after Deducting Minority Equity) | 21,472,378 | 20,611,484 | 4.176 |
| Profit (Loss) per Share | 1.23 | 1.26 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The increase in the consolidated revenue during the current quarter compared to the same quarter of last year is mainly due to higher revenue from sale of electricity. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Decrease in net profit attributable to equity holders of the parent during the current quarter compared to the same quarter of the last year is mainly due to: (1) Divestment gain recognized in same quarter of last year (2) Higher impairment expense Which are partially offset mainly by: (1) Higher other operating income (2) Higher share in net results of equity accounted investees, net of zakat and tax (3) Lower general and administration expenses |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Decrease in the consolidated revenue during the current quarter compared to the previous quarter is mainly due to lower revenue from sale of electricity and water |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Increase in net profit attributable to equity holders of the parent during the current quarter compared to the previous quarter is mainly due to: (1) Higher other operating income (2) Higher Share in net results of equity accounted investees, net of zakat and tax (3) Lower finance charges Which are partially offset mainly by: (1) Higher impairment loss recognized (2) Higher zakat and tax charge |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The increase in the consolidated revenue during the current period compared to the same period of last year is mainly due to higher revenue from sale of electricity |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Decrease in net profit attributable to equity holders of the parent during the current period compared to the same period of last year is mainly due to: (1) Divestment gain recognized in same period of last year (2) Lower other income (3) Higher impairment loss recognized in this quarter (4) Higher finance charges Which are partially offset mainly by: (1) Higher other operating income (2) Higher share in net results of equity accounted investees, net of zakat and tax |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | Not applicable |
| Reclassification of Comparison Items | Certain figures for the prior period have been reclassified or adjusted to conform to the presentation in the current period Summary of reclassifications/adjustments are as follows: • Reclassification from Accounts receivable, prepayments and other receivables to Other assets (non-current) of SR 296.32 million. |
| Additional Information | A comprehensive Investor Report comprising the Company’s Interim condensed consolidated financial statements and the independent auditor’s review report for the period ended 30 June 2025, along with the CEO’s letter to shareholders and a management discussion and analysis of the financial results, is available on ACWA’s Power’s Investor Relations website at https://acwapower.com/en/investor-relations/overview/. The company will hold an investor conference call on 31 Jul 2025 at 16:30 KSA time, (13:30 GMT) following the close of trading on Tadawul. |
| Attached Documents |  |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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