Saudi Arabia's quarterly profits exceeded expectations despite the decline in sales

The Saudi logistics services enterprise recorded a net profit of 162.4 million rows in the second quarter of 2025, which bypasses the average expectations of analysts of 146.5 million, according to data collected by Bloomberg. The company, which is the largest in the transport sector in terms of market value, has attributed the growth of 4% profits to the continuous discipline in managing costs at the level of its operations, according to a company statement published at the Saudi Stock Exchange website “Tadawul”. This achievement came despite the decline in sales by 2.8% due to the decline in the revenue of the logistics service sector. The board of directors approved the distribution of cash dividends to shareholders worth 1.52 Riyals per share, with a total of 121.6 million rows, provided the date of right on August 21, 2025 was, and the distribution date on September 9, 2025. The company was included in the Saudi Financial Market during the year 2023.6. billion Riyals at the end of yesterday’s session.