Aldrees Petroleum and Transport Services Co. (ALDREES) announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	5,828.7	4,357.8	33.753	5,249.7	11.029
Gross Profit (Loss)	229.8	189.5	21.266	217.5	5.655
Operational Profit (Loss)	145.5	119.3	21.961	137.4	5.895
Net profit (Loss)	100.1	77.4	29.328	93.6	6.944
Total Comprehensive Income	109	63.2	72.468	89.1	22.334
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	1,438.5	1,299.2	10.721
Profit (Loss) per Share	1	0.77
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 of sales for the current quarter compared with the same quarter last year is due to the increase in the number of operating stations 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 of net profit for the current quarter compared with the same quarter last year is due to the increase of Petrol and Transport Division sales, increase of income from deposit and Sukuk, and increase of share of the joint venture project investment. Although there is decrease of other income and increase of Marketing and Selling, General, Administrative, Financing costs and Zakat expenses.

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 of sales for the current quarter compared with the same quarter last year is due to the increase in the number of operating stations 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 of net profit for the current quarter compared with the same quarter last year is due to the increase of Petrol and Transport Division sales, increase of income from deposit and Sukuk, and increase of share of the joint venture project investment. Although there is decrease of other income and increase of Marketing and Selling, General, 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 remeasuring of defined benefit obligations to 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 of sales for the current quarter compared with the previous quarter is due to the increase in the number of stations operating and the improvement of 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 increase of net profit for the current quarter compared with the previous quarter is due to the increase of Petrol and Transport Divisions sales, increase of income from deposit and Sukuk, and increase of share of the joint venture project; and decrease of Marketing and Selling expenses. Although there is decrease of other revenue and increase of General and Administrative, Financing costs and Zakat expenses.

There is an increase of the total comprehensive income during the current quarter compared to the previous quarter due to remeasurement of employees of defined benefits obligations.Statement of the type of external auditor's report Unmodified conclusionComment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) NothingReclassification of Comparison Items Certain comparative 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 number of shares has been retrospectively adjusted for the prior period to reflect the effect of the issued bonus shares, as the company’s capital was increased from 75 million shares to 100 million shares after the approval of the Extraordinary Assembly meeting held on May 05, 2024.

The difference in operating profit compared to the previous year is due to the reclassification of some financial expenses with general and administrative expenses.

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