SAPTCO - Saudi Public Transport Company (SAPTCO) announces its interim consolidated financial results for the period ending on 30-06-2026 (Six Months)

Saudi Public Transport Company (SAPTCO) announces its interim consolidated financial results for the period ending on 30-06-2026 (Six Months)

10-08-2026

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	502,698	503,099	-0.079	396,334	26.836
Gross Profit (Loss)	121,443	77,834	56.028	64,587	88.03
Operational Profit (Loss)	94,358	64,943	45.293	36,534	158.274
Net Profit (Loss) Attributable to Shareholders of the Issuer	65,696	35,271	86.26	5,345	1,129.111
Total Comprehensive Income Attributable to Shareholders of the Issuer	65,696	35,271	86.26	5,345	1,129.111
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	899,032	844,430	6.466
Gross Profit (Loss)	186,030	114,052	63.109
Operational Profit (Loss)	130,892	63,246	106.956
Net Profit (Loss) Attributable to Shareholders of the Issuer	71,042	10,958	548.311
Total Comprehensive Income Attributable to Shareholders of the Issuer	71,042	10,958	548.311
Total Shareholders Equity (after Deducting Minority Equity)	1,047,910	932,839	12.335
Profit (Loss) per Share	0.57	0.09
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-202,090	-16.17
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The decrease in revenues during the current quarter, compared to the corresponding quarter of the previous year, is mainly attributable to a reduction in transportation operations.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The reason for the increase in the profit during the current quarter compared to the same quarter of the previous year is due to: 1. Decrease in cost of revenues and selling and distribution expenses. 2. Increase in share of profits from an associate and a joint venture. 3. Increase in other revenue and finance income. 4. Decrease in cost of finance.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The increase in revenues during the current quarter compared to the previous quarter is primarily attributable to an increase in transportation operations and Hajj revenues.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason for the increase in the profit during the current quarter compared to the last quarter is due to: 1. Increase in operating revenues due to increase in transport operations and Hajj revenues. 2. Increase in share of profits from an associate and a joint venture. 3. Increase in other revenue and finance income. 4. Decrease in general and administrative and selling and distribution expenses. 5. Decrease in cost of finance.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	The increase in revenues during the current period compared to the same period of last year is primarily attributable to an increase in transportation operations.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The reason for the increase in the profit during the current period compared to the same period of the previous year is due to: 1. Increased in operating revenue due to increase in the transportation operation. 2. Increase in other revenue and finance income. 3. Increase in share of profits from an associate and a joint venture. 4. Decrease in cost of revenues. 5. Decrease in finance cost.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None
Reclassification of Comparison Items	Certain items have been reclassified to be aligned with the current presentation.
Additional Information	-The Group's net profit for Q2 2026 amounted to SAR 75.1 million, compared to a net profit of SAR 40.5 million for the same quarter of the previous year with a positive change of 85%. -The Group's net profit for half one 2026 amounted to SAR 90.2 million, compared to a net profit of SAR 20.4 million for the same period of the previous year with a positive change of 341%. - The accumulated losses as of 31 March 2026 amounted to SAR (267.8) million, representing 21.4% of the Company's share capital of SAR 1,250 million. As of 30 June 2026, the accumulated losses decreased to SAR (202.1) million, representing 16.17% of the Company's share capital of SAR 1,250 million. The reduction in accumulated losses was primarily attributable to the net profit recognized during the second quarter of 2026. - The other income has been presented within the operating profit to be aligned with the current period presentation.