Aldrees Petroleum and Transport Services Company (4200) Q2 2025 earnings summary

Executive summary

• Consolidated net sales for 1H 2025 reached SAR 12.04 billion, up 34.4% year-over-year, with net profit rising to SAR 199.75 million.

• Q2 2025 net sales were SAR 6.21 billion, a 34% increase over Q2 2024, with net profit up 7.7% to SAR 69.1 million.

• Basic and diluted earnings per share for 1H 2025 were SAR 2.00, compared to SAR 1.60 last year.

• Expanded to 1,200 petrol stations and 1,846 trucks as of June 30, 2025, strengthening market leadership in Saudi Arabia.

Financial highlights

• Gross profit for 1H 2025 was SAR 454.35 million, up from SAR 389.60 million year-over-year; Q2 gross profit was SAR 224.5 million, up 12.2%.

• Operating income for 1H 2025 increased 5.9% to SAR 219.1 million; Q2 operating income rose 4.1% to SAR 108.8 million.

• Total assets as of June 30, 2025, stood at SAR 9.09 billion, up from SAR 8.44 billion at year-end 2024.

• Shareholders' equity increased to SAR 1.54 billion from SAR 1.48 billion at December 2024.

• Dividends of SAR 150 million were distributed, representing 15% of share capital.

Outlook and guidance

• Aims to maintain leadership in petroleum retail and expand logistics services, leveraging technology and partnerships.

• Focus on sustainable growth, operational efficiency, and shareholder returns.

• Management confirmed no material subsequent events affecting the financial statements post-reporting date.

• The company continues to evaluate the impact of upcoming IFRS 18 adoption.