Arabian Drilling Co.TADAWUL: 2381

Arabian Drilling Company: Revenue and EBITDA fell amid rig suspensions, but backlog and international expansion advanced

· Issued by Arabian Drilling Co.

H1 2025 saw revenue and EBITDA declines due to rig suspensions, with land segment growth offsetting some losses. SAR 2.4 billion in new backlog and the first international contract were secured, but dividend payments are paused for 2025 as market conditions remain challenging.

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