SNG: Saudi: Aldrees records 25% profit growth in H1-25 amid higher revenue

About this update from Aldrees Petroleum & Transport Services Co.

First published: 21-Jul-2025 10:40:33Staff WriterRiyadh - Aldrees Petroleum and Transport Services Company posted 24.96% higher net profits at SAR 199.70 million in the first half (H1) of 2025, compared to SAR 159.80 million in H1-24.The revenues stood at SAR 12.03 billion in the first six months (6M) of 2025, marking a 34.38% year-on-year (YoY) jump from SAR 8.95 billion, according to the Anchorinterim financial statements.The earnings per share (EPS) climbed to SAR 2 in H1-25 from SAR 1.60 in the same period a year earlier.Quarterly ResultsIn the second quarter (Q2) of 2025, the net profits of Aldrees hiked by 20.98% to SAR 99.70 million from SAR 82.41 million in Q2-24.Meanwhile, the revenues reached SAR 6.21 billion in the April-June 2025 period, reflecting an annual rise of 34.98% from SAR 4.60 billion.On a quarterly basis, the Q2-25 net profits edged down by 0.39% from SAR 100.10 million in Q1-25, while the revenues grew by 6.55% from SAR 5.82 billion.All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info).Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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