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Saudi firms earn SAR 413m

Saudi firms earn SAR 413m

Saudi-listed transport and logistics companies reported net profits of SAR 413.2 million in the third quarter of 2026, down 34.02% year on year but up 164.8% from the previous quarter. SAL led the sector with net profit of SAR 232 million, up 28.2% year on year, supported by growth in freight and logistics activities. Fuel and operating costs, along with lower leasing rates, weighed on the profits of other companies. Sector revenue rose 16.23% to SAR 6.43 billion, despite mixed company performance and Saudi Ground Services swinging to a loss.

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