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2026-11-11T12:27:02.831Z

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SAL Leads Q3 413M Profits

SAL Leads Q3 413M Profits

Transport and logistics companies listed on the Saudi market posted combined net profit of SAR 413.2 million in the third quarter of 2026, down 34.02% year on year from SAR 626.24 million, but up 164.8% from the second quarter. SAL led the sector with net profit of SAR 232 million, an increase of 28.2%, supported by growth in its cargo and logistics activities. By contrast, operating and fuel costs, along with lower utilization rates in leasing, weighed on the profits of other companies. Sector revenue rose 16.23% year on year to SAR 6.43 billion, an increase of more than SAR 898 million.

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