Saudi Transport Firms' Profits Rise 21% as Trade Disruptions Reshape Opportunities
Saudi Arabia's transportation and logistics sector recorded growth in revenue and profits during the first nine months of 2026, driven by stronger performance among logistics and port operators, increased cargo-handling activity and narrower losses at some companies. Combined revenue at the sector's nine listed companies rose 13% to SAR 18.08 billion ($4.82 billion), while net profits increased 20.7% to SAR 1.063 billion ($283.5 million), despite continued pressure on profitability among car rental companies and aviation-related service providers.
اقرأ الخبر كاملاً على Asharq Al-Awsat English
