Ades Holding CompanyTADAWUL: 2382

ADES: Net profit soared 114% on record revenue and global expansion, with strong outlook ahead

· Issued by Ades Holding Company

Net profit more than doubled year-over-year to SAR 606.3 million on 51.3% revenue growth, with record quarterly revenue and strong EBITDA margin expansion. Strategic acquisitions and new contracts in Southeast Asia and the Middle East support a robust outlook.

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