Aldrees Petroleum and Transport Services Company Reports Earnings Results for the First Quarter Ended March 31, 2022

Aldrees Petroleum and Transport Services Co SJSC is a Saudi Arabia-based joint stock company that operates in the wholesale and retail petroleum and commodity transportation sector. The Company operates through three main segments: Petroleum services, Transport services and Super 2 (Super cafe and super wash). The Petroleum services segment is primarily engaged in the wholesale and retail trading of fuel, oil and lubricants. The Transport services division is engaged in the transportation of goods, and operates vehicle workshops, which provide the maintenance requirements for its own fleet. The Super 2 segment, which owns and operates coffee, cake and pastry stores and car wash centers located within the Company’s gas station network. The Company is active through a network of more than 460 petrol filling stations and a fleet of 1,474 trucks with cargo carriers, ranging from chemical/lubricant tankers, trailers, bulkers, to flat beds.