The profits of Al Babtain Energy and Communications Company registered 6.6%, with net profit after Zakat and about 80.3 million riyals in 2020, for about 86 million riyals in 2019 .


According to Arab Net, the company said in a statement that the cause of the decline in net annual profits, returned to high operating expenses, zakat expenses and income tax.


The company's revenue was 1.39 billion riyals during 2020, compared to SR 1.35 billion in 2019, up 2.85%.


According to Arab accounts, Net profit has achieved a profit of about 28.25 million riyals in the fourth quarter of 2020, compared to SAR 24.4 million in the quarter of 2019, up 15.8%.


During the first nine months of 2020, the company's net profit fell 15.4% to SR 52.1 million.