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Below are the financial statements of SAL Saudi Logistics Services, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of SAL Saudi Logistics Services, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of SAR | 2024 | 2023 |
|---|---|---|
| Revenue | 1,633.96a | 1,455.71a |
| Cost of sales | -718.74a | -680.14a |
| Gross profit | 915.22a | 775.57a |
| Other income | 1.57a | 4.99a |
| Selling and distribution expenses | -48.44a | -33.21a |
| General and administration expenses | -175.56a | -141.75a |
| Impairment reversal / (charge) on trade receivables | -16.63a | -19.41a |
| Operating profit | 709.42a | 586.2a |
| Finance income | 59.5a | 51.61a |
| Finance costs | -74.43a | -87.25a |
| Net finance costs | -14.94a | -35.64a |
| Profit before Zakat | 694.48a | 550.56a |
| Zakat | -33.04a | -40.84a |
| Profit for the year | 661.44a | 509.72a |
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