The Power and Water Utility Company for Jubail and Yanbu (2083)

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News

5 November 2025 07:05 PM Marafiq’s profits up to SAR 398m in 9M-25; revenues jump 8%

Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) generated 2.88% higher net profits at SAR 398.21 million in the first nine months (9M) of 2025. The recorded earnings were compared with SAR 387.06 million as of 30 …

Financial Results

9 September 2025 01:51 PM Marafiq signs SAR 1.8bn agreement with SATORP

Riyadh - Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) has signed a SAR 1.87 billion ($500 million) concession agreement with Saudi Aramco Total Refining and Petrochemical Company (SATORP), a subsidiary of Aramco. The …

Companies Investments

8 May 2025 06:27 AM Marafiq’s net profits leap 72.5% in Q1-25

Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) recorded net profits of SAR 117.94 million in the first quarter (Q1) of 2025, an annual hike of 72.57% from SAR 68.34 million. Revenues increased by 6.54% …

Financial Results

3 March 2025 00:49 PM Marafiq’s revenues jump to SAR 6.8bn in 2024

Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) logged net profits amounting to SAR 17.15 million in 2024, down 97.08 % from SAR 587 million in 2023. Marafiq generated 7.83% year-on-year (YoY) higher revenues at …

Financial Results

25 November 2024 03:31 PM Marafiq to reschedule SAR 5.9bn loan from 3 lenders

Riyadh – Mubasher: The Power and Water Utility Company for Jubail and Yanbu (Marafiq) signed bilateral agreements to reschedule its existing Islamic loans at a combined value of SAR 5.90 billion. The deal includes extending the previously agreed …

Companies Investments

31 October 2024 01:24 PM Marafiq’s profits fall 35% in 9M-24 initial results

Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) generated net profits of SAR 294.12 million in the first nine months (9M) of 2024, an annual plunge of 35.23% from SAR 454.16 million. Revenues amounted to SAR 5.17 …

Financial Results

1 August 2024 10:48 AM Marafiq’s profits cross SAR 108m in H1-24; dividends approved

Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) recorded 59.36% year-on-year (YoY) lower net profits at SAR 108.13 million during the first half (H1) of 2024, compared to SAR 266.11 million. The revenues amounted …

Financial Results

17 July 2024 03:56 PM Marafiq joins Miahona’s consortium in Riyadh’s sewage treatment plant

Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) has received an acceptance letter from Miahona Company, approving its inclusion in its consortium with N.V. BESIX S.A. Sharjah branch for the Al-Haer independent …

Companies Investments

2 May 2024 05:07 PM Marafiq’s net profit plummets 60% YoY in Q1-24

Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) logged a 59.90% year-on-year (YoY) drop in net profit to SAR 42.79 million in the first quarter (Q1) of 2024 from SAR 106.72 million. Revenues grew 8.55% YoY to SAR …

Financial Results

7 March 2024 00:34 PM Marafiq posts 38% YoY net profit plunge in 2023; dividends proposed

Riyadh – Mubasher: The net profit of Power and Water Utility Company for Jubail and Yanbu (Marafiq) dropped 37.82% YoY to SAR 525.79 million in 2023 from SAR 845.65 million a year earlier. The company’s revenues shrank 1.78% YoY to SAR 6.38 …

Financial Results

2 November 2023 11:18 AM Marafiq’s net profits exceed SAR 454m in 9M-23

Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) registered SAR 454.16 million in net profit after Zakat and tax during the first nine months (9M) of 2023. The generated net profits plummeted by 36.43% from SAR …

Financial Results

3 August 2023 03:00 PM Marafiq posts decline in H1-23 financials; dividends announced

Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) recorded net profits after Zakat and tax worth SAR 266.11 million in the first half (H1) of 2023, an annual drop of 34.26% from SAR 404.77 million. Marafiq posted …

Financial Results

4 May 2023 01:20 PM Marafiq’s net profits near SAR 107m in Q1-23

Riyadh – Mubasher: The net profits after zakat and tax of Power and Water Utility Company for Jubail and Yanbu (Marafiq) stood at SAR 106.72 million in the first quarter (Q1) of 2023. The registered profits were lower by 25.34% year-on-year (YoY) …

Financial Results

2 March 2023 03:22 PM Marafiq unveils 27% higher profits in 2022, dividends for H2-22

Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) recorded a 27.23% growth in net profit after Zakat and tax to SAR 845.65 million in 2022, versus SAR 664.65 million in 2021. The Saudi firm generated revenues worth …

Board of Directors

24 November 2022 02:25 PM Marafiq logs SAR 714.5m profits in 9M-22 interim results

Riyadh – Mubasher: The net profit after Zakat and tax of Power and Water Utility Company for Jubail and Yanbu (Marafiq) reached SAR 714.43 million in the first nine months (9M) of 2022, an annual hike of 21.84% from SAR 586.34 million. Revenues …

Financial Results