Tariq Al-Tahini, CEO of the Electrical Industries Firm
Count on an organization Electrical industries Sustaining robust ranges of profitability till the tip of the 12 months, supported by the soundness of manufacturing traces, excessive working effectivity, and the variety of the native and regional undertaking portfolio.
And he stated Tariq Al-TahiniCEO of the corporate, in a particular assertion to numbersThe optimistic efficiency is predicted to proceed in the course of the fourth quarter of 2025, with demand ranges remaining excessive in excessive voltage, oil and gasoline, and infrastructure tasks, along with the continued development of exports to European markets.
Commenting on the monetary outcomes, Al-Tahini reported that exports constituted about 12% of the corporate’s whole gross sales within the third quarter of 2025, and had been primarily directed to regional and European markets, particularly to Belgium, Iraq, and the Emirates, with the continued implementation of the framework settlement with utility firms in Belgium, which contributed to strengthening the corporate’s place within the European market.
Al-Tahini attributed the rise in revenues in the course of the third quarter to the continued development in demand throughout the Kingdom in numerous sectors, and this development was notably distinguished in high-voltage tasks, infrastructure, and the oil and gasoline sector.
He identified that the corporate started this quarter by delivering bigger portions of its merchandise in Aramco’s enormous tasks in comparison with the earlier quarter, as these tasks reached the implementation phases that require receiving the required merchandise, which mirrored positively on the quantity of gross sales and revenues, including that gross sales development additionally continued within the regional and European markets, particularly throughout the framework agreements signed.
Al-Tahini acknowledged that the sectors that contributed most to profitability had been the transformers sector, because of the continued excessive demand, particularly in high-voltage tasks and the medium- and low-voltage sectors, because of the growing reliance on the corporate’s merchandise in oil and gasoline tasks, infrastructure, and the location companies and automation sector.
He famous that oil and gasoline sector tasks contributed considerably to the outcomes of the third quarter, by supplying high-voltage transformers, medium-voltage panels, and numerous firm merchandise to main tasks akin to Jafoura Section II and Riyadh, along with numerous different Aramco tasks.
Al-Tahini burdened that the oil and gasoline sector is a strategic development path for the corporate, because it displays the corporate’s capability to fulfill the necessities of main tasks on this very important sector and assist industrial enlargement plans within the Kingdom.
In response to information numbersThe earnings of the Electrical Industries Firm rose to 421.2 million riyals by the tip of the primary 9 months of 2025, in comparison with earnings of 297.2 million riyals achieved throughout the identical interval in 2024, whereas third-quarter earnings amounted to 161.1 million riyals, a rise of about 33% on an annual foundation.
