Saudi Electricity Company enjoys a monopoly position in the Kingdom of Saudi Arabia's (KSA) power generation, transmission and distribution business. Its profitability in the past was adversely affected due to un-remunerative prices for electricity. However, recent regulatory changes introduced for power utilities in Saudi Arabia are expected to change the fortunes of the industry as they promise to provide remunerative returns to the different stakeholders of the industry. The profitability of Saudi Electricity Company is therefore expected to take a turn for the better in the coming years.
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