Riyadh — Mubasher: SAL Saudi Logistics Services Company logged net profits valued at SAR 579.91 million in the first nine months (9M) of 2026, an annual rise of16.86% from SAR 496.23 million.
The revenues jumped by 28.18% year-on-year (YoY) to SAR 1.54 billion in 9M-26, supported by growth in both cargo ground handling and logistics services.
In the third quarter (Q3) of 2026, the company achieved a net profit of SAR 231.92 million, up 28.21% from SAR 180.89 million in Q3-25.
Quarterly revenue stood at SAR 579.29 million, up 37.53% YoY. The company attributed its performance to higher cargo volumes and the expansion of its logistics service portfolio.
In Q3-26, SAL completed the acquisition of Aviapartner Liège SA in Belgium, marking its first international expansion in air cargo handling.
Total assets amounted to SAR 4.99 billion as of 30 September 2026.
