Aldrees Petroleum and Transport Services Company: Net income rose 20% to SR 338 million on 30% revenue growth, with a higher dividend proposed

About this update from Aldrees Petroleum & Transport Services Co.

Aldrees reported a 30% revenue increase to SR 19.29 billion and a 20% rise in net income to SR 338 million for 2024, driven by strong fuel and transport sales. The company raised share capital, maintained a strong liquidity position, and proposed a higher dividend for 2025.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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