August 5th, 2025 - 12:33 GMT
Saudi-listed ACWA Power, the world’s largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, today announced its consolidated financial results for the six months ended 30 June 2025. The Company’s adjusted net profit—attributable to equity holders of the parent—has increased by 62% (SAR 449 million) versus the comparable period of 2024 and reached SAR 1,172 million. The Company’s reported net profit has on the other hand marginally dropped by 1.9% mainly due to an impairment charge in one of it’s affiliated companies ...