Aldrees Petroleum and Transport Services Co.(ALDREES) announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 6,210.6 | 4,601.1 | 34.98 | 5,828.7 | 6.552 |
| Gross Profit (Loss) | 224.5 | 200.1 | 12.193 | 229.8 | -2.306 |
| Operational Profit (Loss) | 143.5 | 127.8 | 12.284 | 145.5 | -1.374 |
| Net profit (Loss) | 99.7 | 82.41 | 20.98 | 100.1 | -0.399 |
| Total Comprehensive Income | 98.8 | 83.57 | 18.224 | 109 | -9.357 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 12,039.3 | 8,959 | 34.382 |
| Gross Profit (Loss) | 454.3 | 389.6 | 16.606 |
| Operational Profit (Loss) | 289 | 247.2 | 16.909 |
| Net profit (Loss) | 199.7 | 159.8 | 24.968 |
| Total Comprehensive Income | 207.8 | 146.8 | 41.553 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,537.3 | 1,307.7 | 17.557 |
| Profit (Loss) per Share | 2 | 1.6 | |
| 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 reason for the increase in sales for the current quarter compared with the same quarter last year is due to the increase in the number of service stations operating and the improvement in transportation rates. |
| 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 reason for the increase in net profit for the current quarter compared with the same quarter last year is due to the increase in the Petrol and Transport Divisions’ sales, an increase in income from deposits and Sukuk and other income, despite a decrease in the share of the joint venture project investment. There is an increase in Marketing and Selling, General, and Administrative Financing costs and Zakat expenses.
There is an increase in the total comprehensive income during the current quarter compared to the same quarter of the previous year due to the remeasurement of defined benefits obligation of the employees. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The reason for the increase in sales for the current quarter compared with the previous quarter is due to the increase in the number of service stations operating and the improvement in transportation rates. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The reason for the decrease in net profit for the current quarter compared with the previous quarter is due to the increase in marketing expenses and financing costs and decrease in share of the joint venture project and decrease in Sukuk income. Although there is an increase in the Petrol and Transport Divisions’ sales and bank deposit earnings and other income and a decrease in General and Administrative and Zakat expenses.
There is a decrease in the total comprehensive income during the current quarter compared to 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 to the same period of the previous year is due to the expansion in the number of service stations and the improvement in transportation rates. |
| 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 during the current period compared to the same period of the previous year is due to higher sales of Petroleum and Transport Divisions, increased income from bank deposits and Sukuk, and other income. Although there is a decrease in the results of the joint venture and an increase in selling and marketing expenses, general and administrative expenses, financing costs, and Zakat. The increase in total comprehensive income during the current period compared to the same period of the previous year is due to the remeasurement of defined benefits obligation of the employees. |
| 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 comprehensive figures for the previous quarter have been reclassified to conform with the current quarter’s classification. However, there is no material reclassification to report. |
| Additional Information | The difference in operating profit for the same quarter of the previous year, and the same period of the previous year is due to the reclassification of some financial expenses to the general and administrative expenses. |
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