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Sasco reports 5.98m Riyals loss in Q2 2026
Saudi Sasco for Automotive and Equipment Services announced its financial results for the second quarter of 2026. The company achieved revenues of 3,226 million SAR, up 12.21% compared to the same period last year, thanks to expansion of its station network and increased fuel sales, especially diesel. Despite the growth in revenues, the company recorded a net loss of 5.98 million SAR, compared to a profit of 29.7 million SAR in the previous year. This was due to higher cost of sales, as well as declines in operational and financing revenues. On the operational front, the number of stations increased to 722, with gasoline sales reaching 1.12 billion liters and diesel sales hitting 481 million liters. The company focused on expanding infrastructure for electric vehicles and self-service fuel options, along with the successful loyalty program, which has been loaded over 1.3 million times.
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