RIYADH: Saudi Arabia’s Public Investment Fund (PIF) reported a sharp increase in profitability for 2025, with consolidated net profit climbing 152 percent to SR65.1 billion, up from SR25.8 billion a year earlier.

According to the fund’s consolidated financial statements, the strong financial performance was supported by higher revenues, improved operational efficiency, lower administrative costs, and stronger earnings from associated companies.

The financial statements, published on the London Stock Exchange, also showed that net profit attributable to shareholders of the parent company rose to SR46.4 billion, compared with SR11.2 billion in the previous year. The significant increase reflects improved performance across the fund’s investment portfolio.

PIF continued expanding its investment base during the year, with total assets growing from SR720 billion in 2017 to SR4.54 trillion by the end of 2025. The fund remains focused on its long-term objective of reaching SR10 trillion in assets under management by 2030.

The report also showed that total revenue increased 9 percent to SR449 billion, driven by stronger operating income and improved returns from a diversified investment portfolio.

Operating profit recorded even stronger growth, rising 125 percent to SR78 billion in 2025, reflecting the continued maturity of the fund’s long-term investments and its expanding strategic portfolio.