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Sasco reports Q2 loss of 5.98 million
Saskco Company recorded a net loss of 5.98 million SAR during the second quarter of 2026, despite a 12.21% increase in revenues to 3,225.98 million SAR, driven by the expansion of the station network and higher fuel sales. Operating profits declined by 32.32% to 51.9 million SAR, mainly due to rising cost of sales and a decrease in financing income. Gasoline sales increased to 1.12 billion liters, while diesel sales rose to 481 million liters. For the first half of 2026, the company achieved revenues of 6,247.46 million SAR, up 10.86% compared to the same period last year. The number of stations increased to 722, and the retail outlets to 318, with ongoing expansion in electric vehicle (EV) charging infrastructure and the introduction of self-service fueling services.
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