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

About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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