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Acwa Power s 2021 profit down 17pc to $198m

Acwa Power, a leading Saudi developer of power generation and desalinated water plants, has reported a 17% drop in its net profit for FY 2021 which hit SR744 million ($198 million). However, its revenue surged 11% to hit SR5.36 billion ($1.42 billion).

Acwa Power s 2021 profit down 17pc to $198m

Acwa Power, a leading Saudi developer of power generation and desalinated water plants, has reported a 17% drop in its net profit for FY 2021 which hit SR744 million ($198 million). However, its revenue surged 11% to hit SR5.36 billion ($1.42 billion).

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