Saudi Arabia's PIF net profit more than doubles, revenue up 9%
DUBAI, June 30 (Reuters) - Saudi Arabia's Public Investment Fund reported on Tuesday that net profit more than doubled to 65.1 billion riyals ($17.33 billion) in 2025, as revenue rose 9% to 449.9 billion riyals from 413 billion riyals.
• Operating profit climbed to 77.9 billion riyals from 34.6 billion riyals, as total assets grew 5% to 4.54 trillion riyals.
• Total assets compared with 4.32 trillion riyals previously.
• Cash and cash equivalents exceeded 350 billion riyals.
• Net profit was 25.8 billion riyals in the prior year.
($1 = 3.7559 riyals)
