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ALDREES PETROLEUM & TRANSPORT SERVICE CO.
COMPANY
Presentation
Q1 Fy2020
Historical Data
2
ALDREES
Since 1962
“Aldrees Petroleum and Transport Services Company”
Year 1962 – Aldrees was established as a family company.
The ALDREES group has nine divisions. Year 2006 - the two biggest divisions, the Petroleum and Transport became publicly listed company, known today as
Aldrees Presentation Q1 Fy2020
THE COMPANYTHE VISION
To be one of the top multi-commodity, bulk transportation companies and a Full Logistics
Services Provider (LSP) in the Kingdom of Saudi Arabia.
To be the undisputed No. 1 petroleum retail brand name in Saudi Arabia in terms of size,
excellent service and technology – Aldrees Petrol station in every corner.
THE MISSION
To consistently meet the logistical needs of its customers by providing comprehensive
transport solutions with its wide array of fleet and full services portfolio in logistics.
To provide total convenience to all motorists by operating petrol stations all over Saudi Arabia
that will serve as one-stop haven to re-fuel, rest and relax (3 Rs).
To be a catalyst of the nation’s growth through equitable benefits for all stakeholders and
continue achieving sustainable growth and deliver consistent good return to shareholders.
شركة الدريس للخدمات البترولية والنقلياتAldrees Presentation Q1 Fy2020 3
2390 Trailers
1223 Tractor Heads
5817 Employees
487
Gas Stations
58 years
189K Ton per week1.46 BillionQ1 Y2020 Revenue
One of the top multi-commodity transportation companies in Saudi Arabia
• 3613 fleet strength of various types of trucks and trailers as of Mar. 31, 2020
(1223 tractor heads & 2390 of various tanker, dumper, and trailer types)
• ISO 9001 & OHSAS 45001-certifed operation. SQAS Assessment Certification by Gulf Transport Service
• RC 14001:2015 – Certification on Transport Fleet Management and Operation & Maintenance Workshop
• GPS-equipped fleet for special projects
• ERP-supported operations
WHAT WE ARE NOW
The biggest petroleum retail company in Saudi Arabia
• 487 Petrol Stations as of Mar. 31, 2020
• ISO 9001:2015 & OHSAS 45001:2018 – Quality Management System - certified operation by SMG –Sustainable Management Group
• 1st RFID-equipped petrol pumps and automated dispensing system in Saudi Arabia!
• ERP-supported operations
ALDREES BERTSCHI LOGISTICS SERVICES CO. – Joint Venture with a global chemical logistics service provider BERTSCHI
• Full chemical logistics services: on-site & off-site
• Partnership with BERTSCHI: A Responsible Care Member
• Europe’s leader in Rail Logistics
• ISO Tank and Lined ISO Box Containers: Better than ISO Standard!
• Logistics support services, including tank cleaning, decanting, slitting, labeling, drumming, etc.
Aldrees Presentation Q1 Fy2020 5
2017
2016
2015
2015
2005
2004
2002
1962
Year 2002Became aLIMITED LIABILITY
COMPANY
Year 2005Became a
SAUDI JOINT STOCK COMPANY
with a start-up Capitalization of SAR200 million
Year 2017
Market capitalization was
increased to
SAR500 million
Year 1962
Started as a Saudi Limited
Partnership under the name
MOHAMMED SAAD ALDREES &
SONS CO.
Year 2004Officially named
ALDREES PETROLEUM AND
TRANSPORT SERVICES
COMPANY
Year 2015
Market capitalization was increased to SAR400 million
Year 2016Aldrees colorChanged for Re-branding.
Year 2015
A venture with BERTSCHI was officialy registered
with the Chamber of Commerce and named as
ALDREES BERTSCHI LOGISTICS COMPANY
2019
Year 2019
Market capitalization was
increased to
SAR600 million
TRANSPORT SAFETY & QUALITY
Aldrees Presentation Q1 Fy2020 7
Annual Financial Resultsas of 31 Mar. 2020
ITLE
8
Presented by
Rasmy G. Awad
Financial Consultant
Aldrees Presentation Q1 Fy2020
10Aldrees Presentation Q1 Fy2020
Number of Employees 3,462 3185 277 8.70% 2355 2202 153 6.95% 5817 5387 430 7.98%
Number of Stations 487 448 39 8.71% 0 0.00% 487 448 39 8.71%
Number of Trucks 0 0 0 0.00% 1223 1275 -52 -4.08% 1223 1275 -52 -4.08%
ELIMINATION
Amount Ratio Amount Ratio Amount % Amount Ratio Amount Ratio Amount % Amount Ratio ENTRIES Amount Ratio Amount Ratio Amount %
TOTAL SALES 1,406,894 100% 1,226,324 100% 180,571 14.72% 73,609 100% 91,995 100% (18,386) -19.99% 1,480,504 (22,692) 1,457,811 100% 1,299,798 100% 180,706 13.90%
NET SALES 1,406,894 100% 1,226,324 100% 180,571 14.72% 73,609 100% 91,995 100% (18,386) -19.99% 1,480,504 (22,692) 1,457,811 100% 1,299,798 100% 158,013 12.16%
TOTAL COST OF SALES 1,338,176 95.12% 1,189,982 97.04% 148,194 12.45% 57,604 78.26% 60,695 65.98% (3,091) -5.09% 1,395,780 (22,692) 1,373,087 94.19% 1,232,156 94.80% 140,932 11.44%
GROSS PROFIT/(LOSS) 68,719 4.88% 36,342 2.96% 32,377 89.09% 16,005 21.74% 31,301 34.02% (15,295) -48.87% 84,724 84,724 5.81% 67,642 5.20% 17,082 25.25%
EXPENSES
SALES PROMOTION EXPENSES 845 0.06% 880 0.07% (35) -3.98% 202 0.27% 369 0.40% (167) -45.23% 1,047 1,047 0.07% 1,249 0.10% (202) -16.18%
TOTAL GEN. & ADMIN. EXPENSES 19,673 1.40% 15,723 1.28% 3,950 25.12% 12,357 16.79% 14,017 15.24% (1,660) -11.84% 32,030 32,030 2.20% 29,740 2.29% 2,290 7.70%
TOTAL S,G&A EXPENSES 20,518 1.46% 16,603 1.35% 3,915 23.58% 12,559 17.06% 14,386 15.64% (1,827) -12.70% 33,077 33,077 2.27% 30,989 2.38% 2,088 6.74%
OPERATING INCOME 48,201 3.43% 19,739 1.61% 28,462 144.19% 3,446 4.68% 16,914 18.39% (13,469) -79.63% 51,647 51,647 3.54% 36,653 2.82% 14,994 40.91%
FINANCIAL CHARGES 17,979 1.28% 13,665 1.11% 4,314 31.57% 2,086 2.83% 3,114 3.38% (1,028) -33.00% 20,065 20,065 1.38% 16,779 1.29% 3,286 19.59%
SHARE OF LOSS ON INVESTMENTS (1,285) -0.09% 0 0.00% (1,285) 0.00% 968 1.32% 0 0.00% 968 0.00% (317) (317) -0.02% 0 0.00% (317) 0.00%
PROVISION FOR CONTNGENT LIABILITIES 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0 0.00% 0 0.00% 0.00% 0.00%
OTHER INCOMES 572 0.04% 7,717 0.63% (7,145) 92.6% (113) -0.15% 5,657 6.15% (5,770) -102.00% 459 459 0.03% 13,374 1.03% (12,915) -96.6%
NET PROFIT/(LOSS) BEFORE ZAKAT 29,509 2.10% 13,791 1.12% 15,719 113.98% 2,215 3.01% 19,458 21.15% (17,243) -88.62% 31,724 31,724 2.18% 33,248 2.56% (1,524) -4.58%
ZAKAT 1,260 0.09% 1,680 0.14% (420) -25.00% 177 0.24% 1,680 1.83% (1,503) -89.48% 1,437 1,437 0.10% 3,360 0.26% (1,923) -57.24%
NET PROFIT/(LOSS) 28,249 2.01% 12,111 0.99% 16,139 133.26% 2,038 2.77% 17,778 19.32% (15,740) -88.54% 30,288 30,288 2.08% 29,888 2.30% 399 1.34%
(In Thousand Saudi Riyals)
Q1 2019 VARIANCE Q1 2020PARTICULARS
PETROLEUM DIVISION TRANSPORT DIVISIONQ1 2020
Aldrees Petroleum and Transport Services Company
PROFIT & LOSS STATEMENT-SUMMARY
2020 versus 2019FOR Q1 ended 31 MARCH
Q1 2020 Q1 2019 VARIANCEQ1 2019 VARIANCE Q1 2020
ALDREES - CONSOLIDATED
11
2020 2019
487 448
Total Number of Stations as of 31 Mar. 2020
Aldrees Presentation Q1 Fy2020
Stations All Over KSA10,000 stations
1st – ALDREES (5%)
3rd NAFT (2%)
Notes:An estimated of 10,000 Service Stations in KSA. ALDREES has the most number of Service Stations (5%) followed by Al Tashel’at at (3%), NAFT (2%) & SASCO (2%), and 88% is privately owned (among small players).
12
Infographics of Gas Stations Kingdom wide (KSA)
2nd – AL-TASHELAT (3%)
3rd SASCO (2%)
4th Privately owned (88%)
Aldrees Presentation Q1 Fy2020
Fuel sales & cost rates (in Riyals) by Liter (Without VAT)
Notes: The above selling rates are within the 50 kilometers range from ARAMCO, then, for every additional 50 kilometers from refinery the selling rates are increased by one halala/liter.
13Aldrees Presentation Q1 Fy2020
Purchase Sales Margin Purchase Sales Margin Purchase Sales Margin
Petrol 91 1.35 1.50 0.15 1.40 1.55 0.15 1.40 1.55 0.15
Petrol 95 1.90 2.05 0.15 1.96 2.11 0.15 1.90 2.05 0.15
Diesel 0.42 0.47 0.05 0.42 0.47 0.05 0.42 0.47 0.05
Adjusted Rates
Effective 11 March 2020
Adjusted Rates
Effective 16 Feb. 2020Fuel Type
Adjusted Rates
Effective 20 Oct. 2019
Aldrees Presentation Q1 Fy2020 14
Description 2020 2019
Tractors Heads 1,223 1,275
Trailers 2,390 2,404
Total Number of Tractor Heads & Trailers as of 31 Mar. FY2020
Aldrees Presentation Q1 Fy2020 15
16
www.aldrees.com
Aldrees Presentation Q1 Fy2020
Amount in Saudi Riyals
Amount Ratio Amount Ratio Amount Var % Amount Ratio Amount Ratio Amount Var %
-------------------- -------------------- -------------------- -------------------- -------------------- --------------------
NET INCOME/(LOSS) CONSOLIDATED 886,606 50 126,871 16 759,735 599 1,936,579 43 400,902 17 1,535,677 383.1 -------------------- -------------------- -------------------- -------------------- -------------------- --------------------
NET INCOME/(LOSS) ALDREES SHARE 968,289
ALDREES BERTSCHI LOGISTICS SERVICES COMPANYINCOME STATEMENT Q1 31st March 2020
YTD VarianceCurrent Period Same-Period-Last-Yr Current Variance Year-To-Date Year-To-Date-Last-Yr