Aldrees Petroleum and Transport Services Co. (ALDREES) announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )

Aldrees reported a net profit of 234.1 million SAR for the first half of 2026, an 18.4% increase compared to 197.7 million SAR in the same period last year, resulting in an earnings per share of 2.34 SAR.
Revenue for the six-month period climbed 17.6% to 14.16 billion SAR, driven primarily by the expansion of the company's service station network and an increase in the number of operating trucks.
Quarterly performance showed strong momentum with a 28.1% year-on-year rise in net profit to 123.9 million SAR for Q2 2026, supported by higher sales in both the Petrol and Transport divisions and increased income from Sukuk and bank deposits.
Growth in the bottom line was achieved despite headwinds including higher selling, general, and administrative expenses, increased financial costs, and losses related to joint venture project investments.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	7,329.3	6,210.6	18.012	6,829.5	7.318
Gross Profit (Loss)	269.1	221.5	21.489	247.1	8.903
Operational Profit (Loss)	171.5	140.5	22.064	155	10.645
Net Profit (Loss) Attributable to Shareholders of the Issuer	123.9	96.7	28.128	110.1	12.534
Total Comprehensive Income Attributable to Shareholders of the Issuer	122.5	95.8	27.87	99.8	22.745
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	14,158.8	12,039.3	17.604
Gross Profit (Loss)	516.2	452.3	14.127
Operational Profit (Loss)	326.5	287	13.763
Net Profit (Loss) Attributable to Shareholders of the Issuer	234.1	197.7	18.411
Total Comprehensive Income Attributable to Shareholders of the Issuer	222.3	205.8	8.017
Total Shareholders Equity (after Deducting Minority Equity)	1,710.8	1,472.6	16.175
Profit (Loss) per Share	2.34	1.98
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The increase in sales during the current quarter compared with the same quarter of the previous year is attributable to the expansion in the number of service stations operating and the increase in the number of trucks.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The increase in net profit during the current quarter compared with the same quarter of the previous year is due to the increase of Petrol and Transport Division sales, increased income from bank deposits, and Sukuk, and other income, although there is a decrease in the income of Joint venture project investment and increase of selling, marketing, General administrative expenses and financial cost and Zakat. Total comprehensive income increased during the current quarter compared to the same quarter of the previous year, due to the remeasurement of employees' defined benefits obligations.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The increase in sales for the current quarter compared with the previous quarter is due to the expansion in the number of service stations operating and increase in the number of trucks.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The increase in net profit for the current quarter compared with the previous quarter is due to the increase of Petrol and Transport division sales and the increased income from Sukuk, and other income, and decrease of selling expenses, although there is a reduced income from bank deposits and losses of joint venture investment project, increased in general and administrative expenses and financial cost. There is an increase in the total comprehensive income during the current quarter compared with the previous quarter due to the remeasurement of the defined benefits obligation of the employees.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	The increase in sales during the current period compared with the same period of the previous year is attributable to the expansion in the number of service stations operating and the increase in the number of trucks.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The increase in net profit for the current period compared with the same period last year is due to the increase of Petrol and Transport Division sales, increased income from bank deposits, Sukuk, and other income, although there is a decrease in the income of Joint venture project investment and increase of selling, marketing, general administrative expenses and financial cost and Zakat. Total comprehensive income increased during the current period compared with the same period of the previous year due to the remeasurement of employees' defined benefits obligations.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	Nothing
Reclassification of Comparison Items	Certain comparative figures for the previous quarter have been reclassified to conform with the current quarter’s classification.
Additional Information	There were adjustments in the current period and the same quarter of the previous year due to the accounting treatment applied to Iqama issuance and renewal costs. These adjustments were recognized retrospectively in the financial statements of the prior period.