SAL Logistics Lifts Nine-Month Profit 16.9%
Riyadh, Saudi Arabia — SAL Saudi Logistics Services Company posted a net profit of 579.9 million SAR for the nine months ended September 30, 2026. That marks a 16.9% increase from 496.2 million SAR in the same period last year. Revenue climbed 28.2% to 1.54 billion SAR, driven by strong growth across both core divisions. […] The post SAL Logistics Lifts Nine-Month Profit 16.9% appeared first on…
SAL Saudi Logistics Services reported a 16.9% increase in net profit to 579.9 million SAR over the nine months ending September 30, 2026. Revenue grew 28.2% to 1.54 billion SAR, driven by strong performance across both core divisions. The third quarter saw revenue rise 37.5% to 579.3 million SAR, with net profit increasing 28.2% to 231.9 million SAR.
The Cargo Ground Handling division expanded 35.5% year-over-year, while the Logistics division surged 53.1% in Q3, benefiting from a varied customer base and an expanding services portfolio. Total shareholders' equity rose 15% to 1.79 billion SAR, and earnings per share reached 7.25 SAR. Analysts view SAL as a diversified, structurally sound logistics company with improving margins and strong equity base, positioning it well for future growth and capital deployment as Saudi Arabia's logistics sector expands.
Written by urgent.news from The Saudi Standard's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
