| Element List | Explanation |
|---|---|
| Announcement Detail | Saudi Automotive Services Company (SASCO) announces that on 26 April 2026, it received an amount of |
SAR 13,024,465 as compensation for the expropriation of a station owned by Naft Company (Sasco’s subsidiary) located in Jeddah, for the benefit of the Historic Jeddah Project.
This transaction will have
an unfavorable impact of
SAR 8.2 million on SASCO’s consolidated financial statements for the second quarter of 2026 due to the station’s share of goodwill arising from the acquisition.
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