Aldrees Petroleum and Transport Services Company (4200) Q3 2025 earnings summary

Executive summary

• Q3 2025 consolidated net sales reached SAR 6.85 billion, up 34.85% year-over-year, and net profit was SAR 116.16 million, up 18.9%.

• For the nine months ended September 2025, consolidated net sales were SAR 18.89 billion, up 34.6% year-over-year, with net profit rising to SAR 321.1 million.

• Basic and diluted EPS for the nine months was SAR 3.14, up from SAR 2.44 year-over-year.

• Gross profit for the nine-month period was SAR 691.6 million, up 16.5% year-over-year.

• Total shareholders’ equity rose to SAR 1.65 billion as of September 2025, up 18.6% year-over-year.

Financial highlights

• Q3 2025 gross profit was SAR 237.3 million, up 16.2% year-over-year.

• Operating income for Q3 2025 was SAR 152.2 million, up 18.8% year-over-year.

• For the nine months, operating income was SAR 441.2 million, up 17.6% year-over-year.

• Cash and bank balances increased to SAR 382.2 million from SAR 242.0 million at year-end 2024.

• Dividends of SAR 150 million were distributed during the period.

Outlook and guidance

• Management expects continued benefits from expansion in service stations, improved efficiency in Transport and Logistics, and higher income from bank deposits and Sukuk.

• Aims to maintain leadership in the Saudi petroleum retail market and grow logistics services.

• Management confirmed the going concern assumption and sees sufficient resources to continue operations.