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  • 29-03-15

    Saudi listed energy, utility firms' record USD10.65b revenue in 2014

    (MENAFN) Saudi Arabia listed energy and utility firms registered revenues of USD10.65 billion for 2014, against USD9.29 billion in 2013, a fiscal report showed, Arab News reported.

    Likewise, the listed firms logged USD1billion net profits for 2014, marking 19.3 jump over the USD839.37 billion of 2013, according to a report by Al-Hayat daily

    Saudi energy and utility sector is divided into two firms: The Saudi Electricity Company (SEC) and National Gas and Industrialization Company (GASCO ).

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