Saudi Azm for Communication and Information Technology Co. said net profit attributable to shareholders rose 23% to SR17.3 million in the three months ended Sept. 30, 2026, according to a filing on the Saudi Exchange on Monday.
The company earned SR14.06 million in the same period a year earlier.
Revenue rose 49.3% to SR104.42 million from SR69.95 million. The company attributed the increase mainly to new projects and higher revenue from existing ones, Al Yaum reported.
Gross profit rose 36.4% to SR33.76 million, and operating profit rose 42.9% to SR17.3 million from SR12.11 million.
Operating expenses increased by SR3.81 million. The company also reported a lower share of results from associates, lower other income and slightly higher financing costs, partly offset by a SR0.44 million drop in zakat and income tax.
Compared with the previous quarter, net profit rose 6.5% from SR16.25 million and revenue rose 20.1% from SR86.96 million.
Net profit for the group including non-controlling interests rose 30.2% to SR17.50 million.
Earnings per share were SR0.30, up from SR0.24. Shareholders’ equity, excluding non-controlling interests, rose 35.3% to SR211.16 million.
