Arabian Drilling Co.TADAWUL: 2381

Arabian Drilling Company: Record revenue and EBITDA, but net income fell 30% due to higher costs and impairments

· Issued by Arabian Drilling Co.

Record revenue and EBITDA achieved despite net income decline from higher depreciation and finance costs; 13 unconventional rigs deployed, backlog at SAR 10.3B, and 2025 guidance shifts to quarterly updates amid market uncertainty.

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