Arabian Drilling Co.TADAWUL: 2381

Arabian Drilling Company: Q1 2025 delivered strong growth and efficiency, but Q2 faces headwinds from market conditions

· Issued by Arabian Drilling Co.

Q1 2025 saw 7.2% sequential revenue and net income growth, with strong operational efficiency and a robust backlog. Management projects a 10% revenue decline in Q2 2025 and lower CAPEX, citing market uncertainty.

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