Aldrees profit rises 20% to SAR 338M in 2024, 29% in Q4 to SAR 93.6M

21/01/2025 Argaam Exclusive

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Aldrees Petroleum and Transport Services Co. (Aldrees) reported a net profit of SAR 338 million in 2024, up 20% from SAR 281 million a year earlier.

Financials (M)

Item	2023	2024	Change‬
Revenues	14,834.06	19,288.55	30.0 %
Gross Income	680.85	811.22	19.1 %
Operating Income	421.16	513.33	21.9 %
Net Income	280.81	338.05	20.4 %
Average Shares	100.00	100.00	-
Earnings Per Share before unusual items	2.77	3.38	22.0 %
EPS (Riyals)	2.81	3.38	20.4 %

The profit increase was primarily driven by a 30% rise in revenues, attributed to stronger sales in the petrol and transport segments, supported by a higher number of operating service stations and improved transportation rates.

Aldrees also reported higher deposit income, increased returns from investments in sukuk, higher income from the company's joint venture, and a reduction in selling and marketing expenses.

This growth occurred despite a rise in general and administrative expenses (G&A), financing costs (FCs) and Zakat, as well as a decline in other revenues.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2023	Q4 2024	Change‬
Revenues	3,951.65	5,249.67	32.8 %
Gross Income	172.82	217.47	25.8 %
Operating Income	106.78	137.37	28.6 %
Net Income	72.49	93.56	29.1 %
Average Shares	100.00	100.00	-
Earnings Per Share before unusual items	0.69	0.94	36.0 %
EPS (Riyals)	0.72	0.94	29.1 %

Item	Q3 2024	Q4 2024	Change‬
Revenues	5,079.90	5,249.67	3.3 %
Gross Income	204.15	217.47	6.5 %
Operating Income	128.35	137.37	7.0 %
Net Income	84.65	93.56	10.5 %
Average Shares	100.00	100.00	-
Earnings Per Share before unusual items	0.85	0.94	10.5 %
EPS (Riyals)	0.85	0.94	10.5 %

The fourth-quarter net profit grew 29% to SAR 93.60 million, from SAR 72.49 million in Q4 2023, supported by higher revenues and deposit income.

On a quarter-on-quarter (QoQ) basis, the company’s net profit rose 10.6% in Q4 2024, from SAR 84.65 million in Q3 2024.

Total shareholders’ equity, no minority interest, reached SAR 1.47 billion at the end of 2024, compared to SAR 1.23 billion at the end of 2023.

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2015	563.95	8.7 %	65.65	18.0 %	39.40	20.8 %
Q2 2015	580.01	5.3 %	64.86	3.8 %	39.99	1.8 %
Q3 2015	566.53	6.5 %	56.33	2.7 %	31.69	(0.8 %)
Q4 2015	592.50	9.1 %	65.00	20.1 %	35.73	3.5 %
2015	2,302.99	7.4 %	251.84	10.9 %	146.81	6.1 %
Q1 2016	843.73	49.6 %	57.62	(12.2 %)	31.24	(20.7 %)
Q2 2016	896.65	54.6 %	58.57	(9.7 %)	31.97	(20.0 %)
Q3 2016	851.65	50.3 %	48.12	(14.6 %)	23.36	(26.3 %)
Q4 2016	869.33	46.7 %	43.08	(33.7 %)	17.89	(49.9 %)
2016	3,461.35	50.3 %	207.39	(17.7 %)	104.47	(28.8 %)
Q1 2017	840.39	(0.4 %)	42.50	(26.2 %)	17.46	(44.1 %)
Q2 2017	856.87	(4.4 %)	48.25	(17.6 %)	21.92	(31.4 %)
Q3 2017	826.87	(2.9 %)	46.50	(3.4 %)	23.06	(1.3 %)
Q4 2017	885.47	1.9 %	45.58	5.8 %	18.83	5.2 %
2017	3,409.60	(1.5 %)	182.84	(11.8 %)	81.27	(22.2 %)
Q1 2018	1,285.18	52.9 %	69.15	62.7 %	40.43	131.6 %
Q2 2018	1,290.31	50.6 %	62.88	30.3 %	36.17	65.0 %
Q3 2018	1,288.49	55.8 %	60.65	30.4 %	36.55	58.5 %
Q4 2018	1,312.61	48.2 %	60.30	32.3 %	33.92	80.1 %
2018	5,176.59	51.8 %	252.97	38.4 %	147.07	81.0 %
Q1 2019	1,299.80	1.1 %	67.64	(2.2 %)	36.65	(9.4 %)
Q2 2019	1,326.46	2.8 %	63.87	1.6 %	32.96	(8.9 %)
Q3 2019	1,472.74	14.3 %	66.04	8.9 %	34.59	(5.4 %)
Q4 2019	1,582.14	20.5 %	264.05	337.9 %	209.64	518.1 %
2019	5,681.13	9.7 %	461.60	82.5 %	313.84	113.4 %
Q1 2020	1,457.81	12.2 %	84.72	25.3 %	51.65	40.9 %
Q2 2020	719.28	(45.8 %)	46.03	(27.9 %)	7.38	(77.6 %)
Q3 2020	1,300.26	(11.7 %)	88.49	34.0 %	62.26	80.0 %
Q4 2020	1,496.73	(5.4 %)	106.49	(59.7 %)	67.03	(68.0 %)
2020	4,974.08	(12.4 %)	325.74	(29.4 %)	188.31	(40.0 %)
Q1 2021	1,759.66	20.7 %	101.01	19.2 %	63.40	22.8 %
Q2 2021	2,173.19	202.1 %	103.85	125.6 %	63.27	757.8 %
Q3 2021	2,556.38	96.6 %	117.88	33.2 %	73.08	17.4 %
Q4 2021	2,620.38	75.1 %	128.70	20.8 %	83.61	24.7 %
2021	9,109.62	83.1 %	451.44	38.6 %	283.36	50.5 %
Q1 2022	2,780.13	58.0 %	136.18	34.8 %	83.99	32.5 %
Q2 2022	2,987.61	37.5 %	136.45	31.4 %	83.21	31.5 %
Q3 2022	3,256.19	27.4 %	150.43	27.6 %	88.88	21.6 %
Q4 2022	3,332.16	27.2 %	171.50	33.3 %	106.94	27.9 %
2022	12,356.08	35.6 %	594.56	31.7 %	363.02	28.1 %
Q1 2023	3,418.62	23.0 %	163.30	19.9 %	103.45	23.2 %
Q2 2023	3,580.60	19.8 %	168.90	23.8 %	104.36	25.4 %
Q3 2023	3,883.19	19.3 %	175.83	16.9 %	106.57	19.9 %
Q4 2023	3,951.65	18.6 %	172.82	0.8 %	106.78	(0.1 %)
2023	14,834.06	20.1 %	680.85	14.5 %	421.16	16.0 %
Q1 2024	4,357.84	27.5 %	189.50	16.0 %	119.60	15.6 %
Q2 2024	4,601.15	28.5 %	200.10	18.5 %	128.02	22.7 %
Q3 2024	5,079.90	30.8 %	204.15	16.1 %	128.35	20.4 %
Q4 2024	5,249.67	32.8 %	217.47	25.8 %	137.37	28.6 %
2024	19,288.55	30.0 %	811.22	19.1 %	513.33	21.9 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2015	2,302.99	7.4 %	251.84	10.9 %	146.81	6.1 %
2016	3,461.35	50.3 %	207.39	(17.7 %)	104.47	(28.8 %)
2017	3,409.60	(1.5 %)	182.84	(11.8 %)	81.27	(22.2 %)
2018	5,176.59	51.8 %	252.97	38.4 %	147.07	81.0 %
2019	5,681.13	9.7 %	461.60	82.5 %	313.84	113.4 %
2020	4,974.08	(12.4 %)	325.74	(29.4 %)	188.31	(40.0 %)
2021	9,109.62	83.1 %	451.44	38.6 %	283.36	50.5 %
2022	12,356.08	35.6 %	594.56	31.7 %	363.02	28.1 %
2023	14,834.06	20.1 %	680.85	14.5 %	421.16	16.0 %
2024	19,288.55	30.0 %	811.22	19.1 %	513.33	21.9 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	Earnings Per Share before unusual items
Q1 2015	41.99	37.6 %	0.42	6.30	35.69	0.36
Q2 2015	36.77	4.0 %	0.37	-	36.77	0.37
Q3 2015	32.31	21.7 %	0.32	3.86	28.46	0.28
Q4 2015	32.96	5.3 %	0.33	0.78	32.18	0.32
2015	144.04	16.4 %	1.44	10.94	133.10	1.33
Q1 2016	27.78	(33.8 %)	0.28	-	27.78	0.28
Q2 2016	28.51	(22.5 %)	0.29	-	28.51	0.29
Q3 2016	18.05	(44.1 %)	0.18	-	18.05	0.18
Q4 2016	16.68	(49.4 %)	0.17	-	16.68	0.17
2016	91.02	(36.8 %)	0.91	-	91.02	0.91
Q1 2017	14.58	(47.5 %)	0.15	-	14.58	0.15
Q2 2017	18.26	(35.9 %)	0.18	-	18.26	0.18
Q3 2017	18.22	0.9 %	0.18	-	18.22	0.18
Q4 2017	13.59	(18.6 %)	0.14	-	13.59	0.14
2017	64.65	(29.0 %)	0.65	-	64.65	0.65
Q1 2018	22.09	51.5 %	0.22	-	22.09	0.22
Q2 2018	15.12	(17.2 %)	0.15	-	15.12	0.15
Q3 2018	16.01	(12.1 %)	0.16	-	16.01	0.16
Q4 2018	13.38	(1.5 %)	0.13	-	13.38	0.13
2018	66.61	3.0 %	0.67	-	66.61	0.67
Q1 2019	29.89	35.3 %	0.30	12.92	16.97	0.17
Q2 2019	17.27	14.2 %	0.17	-	17.27	0.17
Q3 2019	16.55	3.4 %	0.17	-	16.55	0.17
Q4 2019	228.03	1603.9 %	2.28	50.71	177.32	1.77
2019	291.74	338.0 %	2.92	63.64	228.11	2.28
Q1 2020	30.29	1.3 %	0.30	-	30.29	0.30
Q2 2020	14.38	(16.7 %)	0.14	17.41	(3.02)	(0.03)
Q3 2020	36.90	122.9 %	0.37	-	36.90	0.37
Q4 2020	39.52	(82.7 %)	0.40	-	39.52	0.40
2020	121.08	(58.5 %)	1.21	17.41	103.68	1.04
Q1 2021	39.36	30.0 %	0.39	-	39.36	0.39
Q2 2021	35.95	150.0 %	0.36	-	35.95	0.36
Q3 2021	47.41	28.5 %	0.47	-	47.41	0.47
Q4 2021	54.09	36.9 %	0.54	-	54.09	0.54
2021	176.81	46.0 %	1.77	-	176.81	1.77
Q1 2022	62.42	58.6 %	0.62	-	62.42	0.62
Q2 2022	45.92	27.7 %	0.46	-	45.92	0.46
Q3 2022	61.71	30.2 %	0.62	-	61.71	0.62
Q4 2022	71.78	32.7 %	0.72	-	71.78	0.72
2022	241.83	36.8 %	2.42	-	241.83	2.42
Q1 2023	70.54	13.0 %	0.71	-	70.54	0.71
Q2 2023	70.24	53.0 %	0.70	-	70.24	0.70
Q3 2023	67.55	9.5 %	0.68	-	67.55	0.68
Q4 2023	72.49	1.0 %	0.72	3.67	68.81	0.69
2023	280.81	16.1 %	2.81	3.67	277.14	2.77
Q1 2024	77.44	9.8 %	0.77	-	77.44	0.77
Q2 2024	82.41	17.3 %	0.82	-	82.41	0.82
Q3 2024	84.65	25.3 %	0.85	-	84.65	0.85
Q4 2024	93.56	29.1 %	0.94	-	93.56	0.94
2024	338.05	20.4 %	3.38	-	338.05	3.38

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	Earnings Per Share before unusual items
2015	144.04	16.4 %	1.44	10.94	133.10	1.33
2016	91.02	(36.8 %)	0.91	-	91.02	0.91
2017	64.65	(29.0 %)	0.65	-	64.65	0.65
2018	66.61	3.0 %	0.67	-	66.61	0.67
2019	291.74	338.0 %	2.92	63.64	228.11	2.28
2020	121.08	(58.5 %)	1.21	17.41	103.68	1.04
2021	176.81	46.0 %	1.77	-	176.81	1.77
2022	241.83	36.8 %	2.42	-	241.83	2.42
2023	280.81	16.1 %	2.81	3.67	277.14	2.77
2024	338.05	20.4 %	3.38	-	338.05	3.38

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	10.83 %	9.61 %	5.89 %
Q2 2015	10.79 %	9.55 %	5.87 %
Q3 2015	10.69 %	9.20 %	5.87 %
Q4 2015	10.94 %	9.35 %	5.78 %
2015	10.94 %	9.35 %	5.78 %
Q1 2016	9.44 %	8.08 %	4.85 %
Q2 2016	8.19 %	6.97 %	4.03 %
Q3 2016	7.20 %	6.30 %	3.34 %
Q4 2016	5.99 %	5.16 %	2.63 %
2016	5.99 %	5.16 %	2.63 %
Q1 2017	5.56 %	4.83 %	2.25 %
Q2 2017	5.32 %	4.67 %	1.98 %
Q3 2017	5.31 %	4.78 %	2.00 %
Q4 2017	5.36 %	4.88 %	1.90 %
2017	5.36 %	4.88 %	1.90 %
Q1 2018	5.43 %	6.37 %	1.87 %
Q2 2018	5.23 %	7.29 %	1.61 %
Q3 2018	5.02 %	7.98 %	1.41 %
Q4 2018	4.89 %	8.71 %	1.29 %
2018	4.89 %	8.71 %	1.29 %
Q1 2019	4.84 %	8.50 %	1.18 %
Q2 2019	4.83 %	8.37 %	1.22 %
Q3 2019	4.76 %	8.04 %	1.19 %
Q4 2019	8.13 %	10.90 %	4.02 %
2019	8.13 %	10.90 %	4.02 %
Q1 2020	8.20 %	10.97 %	4.13 %
Q2 2020	8.81 %	11.27 %	4.23 %
Q3 2020	9.55 %	12.42 %	4.77 %
Q4 2020	6.55 %	9.83 %	2.08 %
2020	6.55 %	9.83 %	2.08 %
Q1 2021	6.48 %	9.82 %	2.14 %
Q2 2021	5.94 %	9.24 %	2.25 %
Q3 2021	5.37 %	8.05 %	2.03 %
Q4 2021	4.96 %	7.29 %	1.94 %
2021	4.96 %	7.29 %	1.94 %
Q1 2022	4.80 %	6.74 %	1.97 %
Q2 2022	4.74 %	6.46 %	1.92 %
Q3 2022	4.74 %	6.32 %	1.92 %
Q4 2022	4.81 %	6.23 %	1.96 %
2022	4.81 %	6.23 %	1.96 %
Q1 2023	4.78 %	6.21 %	1.92 %
Q2 2023	4.81 %	6.26 %	2.02 %
Q3 2023	4.78 %	6.24 %	1.97 %
Q4 2023	4.59 %	6.24 %	1.87 %
2023	4.59 %	6.23 %	1.87 %
Q1 2024	4.48 %	6.15 %	1.80 %
Q2 2024	4.40 %	5.99 %	1.76 %
Q3 2024	4.26 %	5.83 %	1.74 %
Q4 2024	4.21 %	5.60 %	1.75 %
2024	4.21 %	5.60 %	1.75 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2015	10.94 %	9.35 %	5.78 %
2016	5.99 %	5.16 %	2.63 %
2017	5.36 %	4.88 %	1.90 %
2018	4.89 %	8.71 %	1.29 %
2019	8.13 %	10.90 %	4.02 %
2020	6.55 %	9.83 %	2.08 %
2021	4.96 %	7.29 %	1.94 %
2022	4.81 %	6.23 %	1.96 %
2023	4.59 %	6.23 %	1.87 %
2024	4.21 %	5.60 %	1.75 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	11.64 %	9.93 %	6.33 %
Q2 2015	11.18 %	9.82 %	6.34 %
Q3 2015	9.94 %	7.69 %	5.02 %
Q4 2015	10.97 %	9.93 %	5.43 %
Q1 2016	6.83 %	5.85 %	3.29 %
Q2 2016	6.53 %	5.62 %	3.18 %
Q3 2016	5.65 %	4.94 %	2.12 %
Q4 2016	4.96 %	4.25 %	1.92 %
Q1 2017	5.06 %	4.45 %	1.74 %
Q2 2017	5.63 %	5.04 %	2.13 %
Q3 2017	5.62 %	5.41 %	2.20 %
Q4 2017	5.15 %	4.63 %	1.53 %
Q1 2018	5.38 %	9.07 %	1.72 %
Q2 2018	4.87 %	8.56 %	1.17 %
Q3 2018	4.71 %	8.62 %	1.24 %
Q4 2018	4.59 %	8.61 %	1.02 %
Q1 2019	5.20 %	8.24 %	1.31 %
Q2 2019	4.81 %	8.04 %	1.30 %
Q3 2019	4.48 %	7.36 %	1.12 %
Q4 2019	16.69 %	18.78 %	11.21 %
Q1 2020	5.81 %	8.82 %	2.08 %
Q2 2020	6.40 %	7.71 %	(0.42 %)
Q3 2020	6.81 %	11.33 %	2.84 %
Q4 2020	7.12 %	10.54 %	2.64 %
Q1 2021	5.74 %	8.94 %	2.24 %
Q2 2021	4.78 %	7.32 %	1.65 %
Q3 2021	4.61 %	6.59 %	1.85 %
Q4 2021	4.91 %	6.85 %	2.06 %
Q1 2022	4.90 %	6.33 %	2.25 %
Q2 2022	4.57 %	6.14 %	1.54 %
Q3 2022	4.62 %	6.06 %	1.90 %
Q4 2022	5.15 %	6.37 %	2.15 %
Q1 2023	4.78 %	6.25 %	2.06 %
Q2 2023	4.72 %	6.36 %	1.96 %
Q3 2023	4.53 %	6.00 %	1.74 %
Q4 2023	4.37 %	6.36 %	1.74 %
Q1 2024	4.35 %	5.93 %	1.78 %
Q2 2024	4.35 %	5.72 %	1.79 %
Q3 2024	4.02 %	5.43 %	1.67 %
Q4 2024	4.14 %	5.39 %	1.78 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Earnings Per Share before unusual items (Riyal)	Book Value (BV)
Q1 2015	100.00	1.35	1.29	5.41
Q2 2015	100.00	1.37	1.30	5.78
Q3 2015	100.00	1.42	1.32	6.10
Q4 2015	100.00	1.44	1.33	6.43
Q1 2016	100.00	1.30	1.25	5.72
Q2 2016	100.00	1.22	1.17	6.19
Q3 2016	100.00	1.07	1.07	6.37
Q4 2016	100.00	0.91	0.91	6.34
Q1 2017	100.00	0.78	0.78	6.07
Q2 2017	100.00	0.68	0.68	6.25
Q3 2017	100.00	0.68	0.68	6.43
Q4 2017	100.00	0.65	0.65	6.56
Q1 2018	100.00	0.72	0.72	6.29
Q2 2018	100.00	0.69	0.69	6.47
Q3 2018	100.00	0.67	0.67	6.66
Q4 2018	100.00	0.67	0.67	6.43
Q1 2019	100.00	0.74	0.61	6.36
Q2 2019	100.00	0.77	0.64	6.54
Q3 2019	100.00	0.77	0.64	6.70
Q4 2019	100.00	2.92	2.28	8.75
Q1 2020	100.00	2.92	2.41	9.05
Q2 2020	100.00	2.89	2.21	8.26
Q3 2020	100.00	3.10	2.41	8.63
Q4 2020	100.00	1.21	1.04	8.92
Q1 2021	100.00	1.30	1.13	9.32
Q2 2021	100.00	1.52	1.52	9.08
Q3 2021	100.00	1.62	1.62	9.55
Q4 2021	100.00	1.77	1.77	9.95
Q1 2022	100.00	2.00	2.00	9.45
Q2 2022	100.00	2.10	2.10	9.91
Q3 2022	100.00	2.24	2.24	10.53
Q4 2022	100.00	2.42	2.42	11.09
Q1 2023	100.00	2.50	2.50	11.80
Q2 2023	100.00	2.74	2.74	11.00
Q3 2023	100.00	2.80	2.80	11.68
Q4 2023	100.00	2.81	2.77	12.36
Q1 2024	100.00	2.88	2.84	12.99
Q2 2024	100.00	3.00	2.96	13.08
Q3 2024	100.00	3.17	3.13	13.90
Q4 2024	100.00	3.38	3.38	14.79

Period	Shares Outstanding (M)	EPS (Riyal)	Earnings Per Share before unusual items (Riyal)	Book Value (BV)
2015	100.00	1.44	1.33	6.43
2016	100.00	0.91	0.91	6.34
2017	100.00	0.65	0.65	6.56
2018	100.00	0.67	0.67	6.43
2019	100.00	2.92	2.28	8.75
2020	100.00	1.21	1.04	8.92
2021	100.00	1.77	1.77	9.95
2022	100.00	2.42	2.42	11.09
2023	100.00	2.81	2.77	12.36
2024	100.00	3.38	3.38	14.79

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2015	17.76	18.63	4.44
Q2 2015	19.92	20.88	4.71
Q3 2015	14.89	16.03	3.47
Q4 2015	11.99	12.98	2.69
Q1 2016	11.30	11.72	2.56
Q2 2016	11.25	11.69	2.21
Q3 2016	11.17	11.25	1.88
Q4 2016	17.11	17.11	2.46
Q1 2017	17.75	17.75	2.28
Q2 2017	17.87	17.87	1.93
Q3 2017	20.53	20.53	2.16
Q4 2017	21.34	21.34	2.10
Q1 2018	18.56	18.56	2.13
Q2 2018	20.29	20.29	2.16
Q3 2018	21.27	21.27	2.13
Q4 2018	27.78	27.78	2.88
Q1 2019	22.23	26.90	2.60
Q2 2019	26.93	32.40	3.15
Q3 2019	37.22	44.71	4.28
Q4 2019	12.86	16.45	4.29
Q1 2020	11.51	13.92	3.71
Q2 2020	13.05	17.07	4.57
Q3 2020	12.83	16.46	4.60
Q4 2020	32.17	37.57	4.36
Q1 2021	32.84	37.90	4.59
Q2 2021	33.77	33.77	5.65
Q3 2021	33.71	33.71	5.73
Q4 2021	28.35	28.35	5.04
Q1 2022	29.17	29.17	6.17
Q2 2022	23.85	23.85	5.05
Q3 2022	22.70	22.70	4.83
Q4 2022	23.08	23.08	5.03
Q1 2023	28.49	28.49	6.03
Q2 2023	33.98	33.98	8.47
Q3 2023	37.61	37.61	9.02
Q4 2023	47.40	48.03	10.77
Q1 2024	43.03	43.59	9.53
Q2 2024	40.15	40.65	9.21
Q3 2024	42.15	42.64	9.61
Q4 2024	35.56	35.56	8.12

Period	P/E	Adjusted P/E	Price/book
2015	11.99	12.98	2.69
2016	17.11	17.11	2.46
2017	21.34	21.34	2.10
2018	27.78	27.78	2.88
2019	12.86	16.45	4.29
2020	32.17	37.57	4.36
2021	28.35	28.35	5.04
2022	23.08	23.08	5.03
2023	47.40	48.03	10.77
2024	35.56	35.56	8.12

Business Segments (Million)

Compared With The

Period	Oil services sector	Transport Service	elimination	Super Sector 2
Q1 2015	501.71	78.56	(16.32)	-
Q2 2015	521.51	75.81	(17.31)	-
Q3 2015	516.71	66.69	(16.86)	-
Q4 2015	538.90	70.07	(16.47)	-
Q1 2016	794.80	69.50	(20.57)	-
Q2 2016	850.61	68.12	(22.09)	-
Q3 2016	815.13	56.04	(19.52)	-
Q4 2016	831.65	56.88	(19.20)	-
Q1 2017	807.00	51.91	(18.51)	-
Q2 2017	818.12	58.52	(19.78)	-
Q3 2017	782.34	63.22	(18.68)	-
Q4 2017	843.19	62.51	(20.23)	-
Q1 2018	1,236.02	69.53	(20.38)	-
Q2 2018	1,240.39	70.66	(20.74)	-
Q3 2018	1,235.89	71.60	(19.00)	-
Q4 2018	1,247.46	85.15	(20.00)	-
Q1 2019	1,226.32	92.00	(18.52)	-
Q2 2019	1,258.96	87.18	(19.69)	-
Q3 2019	1,407.07	85.88	(20.20)	-
Q4 2019	1,510.62	93.71	(22.19)	-
Q1 2020	1,406.89	73.61	(22.69)	-
Q2 2020	666.76	69.79	(17.27)	-
Q3 2020	1,246.27	77.86	(23.87)	-
Q4 2020	1,447.61	73.29	(24.18)	-
Q1 2021	1,712.60	71.05	(24.00)	-
Q2 2021	2,122.64	75.30	(24.75)	-
Q3 2021	2,489.92	94.16	(27.71)	-
Q4 2021	2,540.16	110.33	(30.11)	-
Q1 2022	2,711.54	100.22	(31.63)	-
Q2 2022	2,929.58	92.72	(34.70)	-
Q3 2022	3,183.22	110.34	(37.37)	-
Q4 2022	3,255.85	113.62	(37.31)	-
Q1 2023	3,347.70	112.84	(41.93)	-
Q2 2023	3,491.71	133.68	(44.79)	-
Q3 2023	3,777.46	154.81	(49.08)	-
Q4 2023	3,863.19	136.89	(48.43)	-
Q1 2024	4,291.40	122.55	(56.11)	-
Q2 2024	4,516.44	146.16	(61.45)	-
Q3 2024	4,986.90	160.41	(67.41)	-
Q4 2024	5,150.67	167.95	(68.95)	-

Period	Oil services sector	Transport Service	elimination	Super Sector 2
2015	2,078.82	291.13	(66.96)	-
2016	3,292.18	250.55	(81.38)	-
2017	3,250.64	236.15	(77.20)	-
2018	4,959.76	296.94	(80.12)	-
2019	5,402.97	358.76	(80.60)	-
2020	4,767.54	294.55	(88.00)	-
2021	8,865.33	350.84	(106.56)	-
2022	12,080.19	416.91	(141.01)	-
2023	14,480.06	538.22	(184.22)	-
2024	18,945.41	597.07	(253.92)	-

Analysts Estimates (Million)

Item	Q4 2024 (e)	Q4 2024 (a)	Change‬
Average	86.40	93.56	8.28 %

Estimates vs Actual (Million)

Item	Q4 2024 (e)	Q4 2024 (a)	Change
Al Rajhi Capital	89.00	93.56	4.9 %
SNB Capital	87.20	93.56	6.8 %
United Securities Company	83.00	93.56	11.3 %

Financial Ratios

	Current
Market Cap (M Riyal)	14,100.00
Enterprise Value (EV) (M)	14,003.02
Shares Outstanding ((M))	100.00
EPS ( Riyal) (TTM)	3.38
Book Value (BV) ( Riyal)	14.79
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	41.71
P/E (TTM)	41.71
Price/book	9.53
Return on Average Assets (%) (TTM)	4.2
Return on Average Equity (%) (TTM)	24.9

Aldrees Petroleum and Transport Services Co. (ALDREES)

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Aldrees profit rises 20% to SAR 338M in 2024, 29% in Q4 to SAR 93.6M

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Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2024 Q4

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

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Aldrees Petroleum and Transport Services Co. (ALDREES)

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Aldrees profit rises 20% to SAR 338M in 2024, 29% in Q4 to SAR 93.6M

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q4 2024

Revenue by Business Segment (Latest) 2024 Q4

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Aldrees Petroleum and Transport Services Co. (ALDREES)

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Business Segments (Million)