Companies
Saudi Energy Company (formerly Saudi Electricity Company)
Saudi Arabia · Power & utilities · State-controlled, listed · Tadawul: 5110 · Founded 2000 · Riyadh
The largest entity entrusted with electricity generation, transmission and distribution in Saudi Arabia, according to its 2023 annual report; majority-owned by the Saudi government.
Verified · updated 24 Oct 2026
Key facts
SAR 102.22 bn
Revenue
Line as printed: “Operating revenue”
Saudi Electricity Company — audited FY2025 financial statements (copy hosted by Argaam)· Tier 2 · reputable press·FY2025·source dated 10 Mar 2026·updated 24 Oct 2026·About this indicator
SAR 12.97 bn
Net income
Saudi Electricity Company — audited FY2025 financial statements (copy hosted by Argaam)· Tier 2 · reputable press·FY2025·source dated 10 Mar 2026·updated 24 Oct 2026·About this indicator
Ownership and relationships
- Chairman:Najm bin Abdullah Al-ZaidSaudi Energy Company (formerly Saudi Electricity Company) · read on 13 Oct 2026 ↗
- Chief Executive Officer:Khalid bin Salem AlGhamdiSaudi Electricity Company — CEO appointment release (2 Oct 2025, ACN Newswire) · source dated 2 Oct 2025 ↗
Key people
- Najm bin Abdullah Al-Zaid · Chairman of the Board, Saudi Energy Company
- Khalid bin Salem AlGhamdi · Chief Executive Officer, Saudi Energy Company
History
| Key indicators | Period | Value | Source |
|---|---|---|---|
| Revenue | FY2025 | SAR 102.22 bn | Saudi Electricity Company — audited FY2025 financial statements (copy hosted by Argaam)· Tier 2 · reputable press·FY2025·source dated 10 Mar 2026·updated 24 Oct 2026 |
| Revenue | FY2024 | SAR 88.67 bn | Saudi Electricity Company — audited FY2025 financial statements (copy hosted by Argaam)· Tier 2 · reputable press·FY2024·source dated 10 Mar 2026·updated 24 Oct 2026 |
| Net income | FY2025 | SAR 12.97 bn | Saudi Electricity Company — audited FY2025 financial statements (copy hosted by Argaam)· Tier 2 · reputable press·FY2025·source dated 10 Mar 2026·updated 24 Oct 2026 |
| Net income | FY2024 | SAR 6.87 bn | Saudi Electricity Company — audited FY2025 financial statements (copy hosted by Argaam)· Tier 2 · reputable press·FY2024·source dated 10 Mar 2026·updated 24 Oct 2026 |
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Sources
- Saudi Electricity Company — audited FY2025 financial statements (copy hosted by Argaam) · argaamplus.s3.amazonaws.com · Tier 2 · reputable press