Riyadh – Mubasher: Saudi Logistics Services Company (SAL) generated net profits valued at SAR 315.33 million in the first half (H1) of 2025, down 13.34% from SAR 363.89 million in H1-24.

SAL posted 9.32% year-on-year (YoY) lower revenues at SAR 778.03 million in the January-June 2025 period, compared to SAR 858.01 million, according to the interim financial results.

Earnings per share (EPS) hit SAR 3.94 in the first six months (6M) of 2025, an annual drop from SAR 4.55.

Financials for Q2

During the second quarter (Q2) of 2025, the company registered SAR 162.24 million in net profit, marking a growth of 4.36% from SAR 155.45 million in Q2-24.

Revenues declined by 2.83% YoY to SAR 393.97 million in Q2-25 from SAR 405.48 million.

Quarter-on-quarter (QoQ), the Q2-25 net profits soared by 5.97% compared to SAR 153.09 million in January-March 2025, whereas the revenues grew by 2.58% from SAR 384.05 million.

Omar bin Talal Hariri, CEO of SAL, commented: “During the Q2025, SAL encouragingly delivered a solid financial and operational performance, achieving a 4% YoY increase in net profit and a 2.4 percentage point improvement in operating margin, underscoring our ability to deliver earnings growth resiliently.”

Dividends for Q2

The board announced cash dividends valued at SAR 121.60 million, equivalent to 15.20% of the company’s capital, for Q2-25.

Hence, SAL will distribute SAR 1.52 per share for 80 million eligible shares.

Eligibility and payment dates for the dividends will be 21 August and 9 September, respectively.