Financial Results : Arabian Drilling earns SAR 73.3M in 9M 2025, loses SAR 9.4M in Q3

Arabian Drilling earns SAR 73.3M in 9M 2025, loses SAR 9.4M in Q3

02/11/2025 Argaam Exclusive

View other reports

Arabian Drilling Co. (ADC) reported a net profit of SAR 73.3 million in the first nine months of 2025, compared with SAR 251.3 million in the year-earlier period.



Financials (M)

Item 9m 2024 9m 2025 Change‬
Revenues 2,769.16 2,608.99 (5.8 %)
Gross Income 682.52 403.93 (40.8 %)
Operating Income 530.45 240.06 (54.7 %)
Net Income 251.25 73.27 (70.8 %)
Average Shares 89.00 89.00 -
Earnings Per Share before unusual items (Riyals) 4.00 0.65 (83.8 %)
EPS (Riyal) 2.82 0.82 (70.8 %)

Revenue decreased 5.8% year-on-year (YoY), mainly due to lower offshore and onshore rig activity, partially offset by additional revenues from unconventional rigs.

 

Net income decreased 70.8% YoY, mainly due to a shift in activity mix, with reduced offshore contributions only partially mitigated by improvements in the land segment.



Current Quarter Comparison (M)

Compared With The
Item Q3 2024 Q3 2025 Change‬
Revenues 863.19 835.43 (3.2 %)
Gross Income 179.63 100.92 (43.8 %)
Operating Income 135.26 54.00 (60.1 %)
Net Income 84.81 (9.41) (111.1 %)
Average Shares 89.00 89.00 -
Earnings Per Share before unusual items (Riyal) 0.95 (0.11) (111.1 %)
EPS (Riyal) 0.95 (0.11) (111.1 %)

In Q3 2025, ADC turned to a net loss of SAR 9.4 million from a net profit of SAR 84.81 million a year earlier, mainly due to lower revenues.

 

Sequentially, the company turned to losses from earnings of SAR 7.48 million in Q2 2025.

 

Total shareholders’ equity, no minority interest, increased to SAR 5.88 billion as of Sept. 30, 2025, from SAR 5.86 billion a year earlier.

 

Attached Documents

 

View More Financial Results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.