Financial Results : Aldrees profit jumps 29% to SAR 100.1M in Q1 2025

Aldrees profit jumps 29% to SAR 100.1M in Q1 2025

22/04/2025 Argaam Exclusive

View other reports

Aldrees Petroleum and Transport Services Co. reported a net profit of SAR 100.1 million in Q1 2025, an increase of 29% from SAR 77.4 million in the year earlier period.



Current Quarter Comparison (M)

Compared With The
Item Q1 2024 Q1 2025 Change‬
Revenues 4,357.84 5,828.70 33.8 %
Gross Income 189.50 229.80 21.3 %
Operating Income 119.30 145.50 22.0 %
Net Income 77.44 100.10 29.3 %
Average Shares 100.00 100.00 -
Earnings Per Share before unusual items (Riyals) 0.77 1.00 29.3 %
EPS (Riyals) 0.77 1.00 29.3 %

The profit rise was driven by higher sales from petrol and transport division, increased income from deposit and Sukuk, and higher share from joint venture (JV) investment.

 

There was an increase in the total comprehensive income year-on-year due to the re-evaluation of benefit obligations to employees.

 

This was offset by lower other income and higher marketing, selling, general, administrative and financing costs as well as Zakat expenses.

 

On a quarterly basis, net profit grew 6.9% from SAR 93.6 million in Q4 2024.

 

Total shareholders’ equity, no minority equity, reached SAR 1.43 billion by March 31, 2025, compared to SAR 1.29 billion a year earlier.

View More Financial Results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.