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Maaden's Q3 net profit jumps by 91% on strong sales and pricing

7 Nov 2025 15:25 reported by Joy Liu

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Saudi Arabian Mining Company (Maaden) had a strong performance in its third-quarter 2025 financial results, with net profit soaring by 91% year on year to SAR 5.7 billion. This was mainly due to a 30% rise in EBITDA, which reached SAR 11.5 billion, and reduced costs for finance, net zakat, income tax, and severance.

The stronger earnings were generated by better pricing and higher sales of phosphate and aluminum FRP.

Maaden CEO Bob Wilt said that the company had solid execution and good momentum in all its growth plans and is well-positioned to achieve its 2025 goals and support Saudi Arabia's Vision 2030.

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