SAPTCO - Saudi Public Transport Company- (SAPTCO) announces its interim consolidated financial results for the period ending on 30-09-2026 (Nine Months)

Saudi Public Transport Company (SAPTCO) announces its interim consolidated financial results for the period ending on 30-09-2026 (Nine Months)

29-10-2026

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	476,938	364,511	30.843	502,698	-5.124
Gross Profit (Loss)	123,970	40,815	203.736	121,443	2.08
Operational Profit (Loss)	78,042	36,592	113.276	94,358	-17.291
Net Profit (Loss) Attributable to Shareholders of the Issuer	10,410	2,165	380.831	65,696	-84.154
Total Comprehensive Income Attributable to Shareholders of the Issuer	10,410	2,165	380.831	65,696	-84.154
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	1,375,970	1,208,941	13.816
Gross Profit (Loss)	310,000	154,867	100.171
Operational Profit (Loss)	208,934	99,838	109.273
Net Profit (Loss) Attributable to Shareholders of the Issuer	81,452	13,122	520.728
Total Comprehensive Income Attributable to Shareholders of the Issuer	81,452	13,122	520.728
Total Shareholders Equity (after Deducting Minority Equity)	1,058,320	935,003	13.188
Profit (Loss) per Share	0.65	0.1
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	-191,680	-15.33
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 increase in revenues during the current quarter, compared to the corresponding quarter of the previous year, is mainly attributable to an increase 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. Increase in operating revenue as a result of increase in transportation operation. 2. Decrease in selling and distribution expenses. 3. Increase in other revenue. 4. Decrease in share of loss from a joint venture and increase in share of profit from an associate company.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The decrease in revenue for the current quarter compared to the previous quarter is primarily attributable the completion of Hajj activities during the previous quarter.
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 decrease in the profit during the current quarter compared to the pervious quarter is due to: 1. Decrease in operating revenues attributable to completion of Hajj activities during the pervious quarter 2. Increase in general and administrative expenses. 3. Recognition of higher impairment in trade receivables. 4. Decrease finance income, and increase in finance cost. 5. Increase in share of profit from an associate, and recognition of loss in a joint venture.
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. Decrease in selling and distribution expenses. 3. Increase in other revenue and finance income. 4. Increase in share of profits from an associate and a joint venture.
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 Q3 2026 amounted to SAR 28.1 million, compared to a net profit of SAR 8.1 million for the same quarter of the previous year with a positive change of 244% -The Group's net profit for the period up to September 2026 amounted to SAR 118.2 million, compared to a net profit of SAR 28.6 million for the same period of the previous year with a positive change of 313%. - The accumulated losses as of 30 June 2026 amounted to SAR (202.1) million, representing 16.2% of the Company's share capital of SAR 1,250 million. As of 30 September 2026, the accumulated losses decreased to SAR (191.7) million, representing 15.3% 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 quarter three of 2026. - The other income has been presented within the operating profit to be aligned with the current period presentation.