Al-Drees Q3 profit rises 22.3%
Al-Drees Petroleum Services and Transport Company achieved a rise in its profits during the third quarter of 2026, with net profit increasing by 22.31% year-over-year to reach 137.6 million riyals. Sales and revenues grew by 16.43% to 7.98 billion riyals. This improvement resulted from the expansion of the number of stations and the increase in the number of trucks, in addition to higher sales in the transportation and petroleum sectors, despite the impact of decreased revenues from some other activities and the rise in certain expenses. The company also recorded growth in its profits over the first nine months of the year, with profits increasing by 19.79% to 371.6 million riyals, supported by business expansion and overall improved financial performance.
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