Abdullah Aldrees,CEO ofAldrees Petroleum and Transport Services Co.
Together, sukuk and deposit income totaled approximately SAR 19.7 million, representing about 17.29% of net profit, he added. 
In an interview with Argaam commenting on the company’s financial results, Aldrees explained that the increase in net profit during Q3 compared to the same period last year was mainly due to higher sales in the transport and petroleum segments, as well as growth in bank deposit and sukuk returns, in addition to other income sources.
He noted that this growth came despite higher selling, general, and administrative expenses, increased financing costs, and lower investment results from the joint venture.
Aldrees attributed the rise in sales during the third quarter to the expansion of the company’s station network, improved transportation rates, an increase in the number of trucks, and enhanced operational efficiency, alongside upgrades in warehouse and logistics management.
He added that the company operated 1,231 stations by the end of Q3 2025, while the total number of trucks reached 1,834, including 777 trucks dedicated to transporting petroleum products.
The CEO emphasized that the expansion in the number of stations boosted petroleum segment revenues by 33%, positively impacting profit margins.
He further noted that sales in the petroleum segment rose by about SAR 1.65 billion in Q3, while the transport segment achieved sales growth of around SAR 56.4 million, confirming that both segments contributed almost equally to profit growth thanks to station expansion, an increase in truck numbers, improved freight rates, and greater operational efficiency.
Aldrees expects the company to maintain its performance at the same level during Q4 2025.
According to data available with Argaam, Aldrees’ net profit rose to SAR 313.6 million for the first nine months of 2025, up 28% from SAR 244.5 million a year ago. The Q3 profit increased by 34% to SAR 113.8 million.
It is worth noting that the company operated 1,200 stations by the end of Q2 2025.
Abdullah Aldrees,CEO ofAldrees Petroleum and Transport Services Co.
Together, sukuk and deposit income totaled approximately SAR 19.7 million, representing about 17.29% of net profit, he added.
In an interview with Argaam commenting on the company’s financial results, Aldrees explained that the increase in net profit during Q3 compared to the same period last year was mainly due to higher sales in the transport and petroleum segments, as well as growth in bank deposit and sukuk returns, in addition to other income sources.
He noted that this growth came despite higher selling, general, and administrative expenses, increased financing costs, and lower investment results from the joint venture.
Aldrees attributed the rise in sales during the third quarter to the expansion of the company’s station network, improved transportation rates, an increase in the number of trucks, and enhanced operational efficiency, alongside upgrades in warehouse and logistics management.
He added that the company operated 1,231 stations by the end of Q3 2025, while the total number of trucks reached 1,834, including 777 trucks dedicated to transporting petroleum products.
The CEO emphasized that the expansion in the number of stations boosted petroleum segment revenues by 33%, positively impacting profit margins.
He further noted that sales in the petroleum segment rose by about SAR 1.65 billion in Q3, while the transport segment achieved sales growth of around SAR 56.4 million, confirming that both segments contributed almost equally to profit growth thanks to station expansion, an increase in truck numbers, improved freight rates, and greater operational efficiency.
Aldrees expects the company to maintain its performance at the same level during Q4 2025.
According to data available with Argaam, Aldrees’ net profit rose to SAR 313.6 million for the first nine months of 2025, up 28% from SAR 244.5 million a year ago. The Q3 profit increased by 34% to SAR 113.8 million.
It is worth noting that the company operated 1,200 stations by the end of Q2 2025.
