Saudi Telecom Company (STC), listed on the Saudi Stock Exchange (Tadawul), saw its profits rise by 1.3% during the first quarter of 2026, reaching SAR 3.7 billion, supported by revenue growth and improved operational performance, with stronger growth when excluding non-recurring items in the comparative period.
The company’s revenues increased by 3.8% year-on-year to SAR 19.9 billion, driven by revenue growth in the customer unit and the carriers and operators unit, along with improved revenues from subsidiaries.
In a related context, the company announced the distribution of cash dividends for the first quarter of 2026 at a value of 0.55 riyals per share, with total distributions amounting to 2.74 billion riyals.
