Saudi Arabia's Public Investment Fund's net income is set to rise by 9% in 2025.
DUBAI, June 30 (Reuters) - Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), announced that net profit more than doubled to 65.1 billion Saudi riyals ($17.33 billion) in 2025, with revenues increasing 9 percent to 449.9 billion riyals from 413 billion.
Operating profit jumped to 77.9 billion riyals from 34.6 billion, with total assets growing five percent to 4.54 trillion riyals.
Total assets compare with $4.32 trillion previously.
Cash and cash equivalents exceeded 350 billion riyals.
Net profit reached 25.8 billion riyals in the previous year.
(US$1 = 3.7559 riyals)
