Tadawul-listed Aldrees Petroleum and Transport Services posted a 29.3% y-o-y increase in net income to SAR 100.1 mn in 1Q 2025, supported by solid performance across its Petrol and Transport divisions, increased income from deposits and Sukuk, and stronger returns from its chemicals logistics JV with global chemical logistics service provider BERTSCHI, according to a disclosure to Tadawul. Meanwhile, revenue rose 33.8% y-o-y to SAR 5.8 bn over the same period, driven by an expanded station network and improved transport rates.

About the company: Aldrees — a publicly traded Saudi company — offers petroleum products retail and transportation services. The company boasts a fleet of 4.6k trucks and trailers and provides warehousing, storage and handling, and global freight forwarding services.

Tags: