SAL’s profits increased to 156.6 million riyals in the first quarter of 2026
The profits of Saudi Sal Logistics Services Company increased in the first quarter of 2026 by 2.3% to 156.6 million riyals, compared to 153 million riyals in the same quarter of last year.
According to the company’s statement on the website "Saudi Arabia trading"This increase is mainly due to revenue growth in the ground cargo handling sector, in addition to the company’s continued focus on improving operational efficiency, enhancing its business model, and controlling costs, which reflects the flexibility of its overall performance.
Net profit declined by 22.3% for the current quarter to reach 156.6 million riyals, compared to 201.7 million riyals for the previous quarter, and this is mainly due to the decline in handling shipment volumes as a result of the seasonality of activity and the high comparison base with the quarter. Previous.
Dividend distribution
The Board of Directors of Saudi Sal Logistics Company decided, last Thursday, to distribute interim cash dividends for the first quarter of the fiscal year 2026.
The company said: The total amount distributed is 117.6 million riyals, while the share of the distribution is 1.47 riyals.
It added that the eligibility date is May 18, while the distribution date will be next June 11.
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