Aldrees Petroleum and Transport Services Company (4200) Q2 2026 earnings summary

Executive summary

• Consolidated net sales for H1 2026 reached SAR 14.16 billion, up from SAR 12.04 billion year-over-year, with Q2 2026 net sales at SAR 7.19 billion, up 18% year-over-year.

• Net profit for H1 2026 was SAR 234.1 million, an 18% increase from SAR 197.7 million in the prior year; Q2 2026 net profit was SAR 94.7 million, up 21.5% year-over-year.

• Basic and diluted EPS for H1 2026 was 2.34, compared to 1.98 year-over-year.

• The operational footprint expanded to 1,383 petrol stations and 2,197 trucks as of June 30, 2026.

• Dividends of SAR 200 million were distributed, representing 20% of share capital.

Financial highlights

• Gross profit for H1 2026 was SAR 516.2 million, up from SAR 452.3 million year-over-year; Q2 2026 gross profit was SAR 185.3 million, up 13.2% year-over-year.

• Operating income for H1 2026 was SAR 326.5 million, up from SAR 287.0 million year-over-year; Q2 2026 operating income was SAR 118.6 million, up 11.8% year-over-year.

• Total assets increased to SAR 10.07 billion as of June 30, 2026, from SAR 9.45 billion at year-end 2025.

• S,G&A expenses for Q2 2026 increased 15.9% year-over-year to SAR 66.7 million.

• Finance income for H1 2026 was SAR 18.6 million, up 19% year-over-year.

Outlook and guidance

• Aims to maintain leadership in petroleum retail and expand logistics services, targeting sustainable growth and consistent shareholder returns.

• Management is monitoring regional geopolitical tensions and preparing for IFRS 18 adoption in 2027, with no material impact expected on profit or equity.