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Aldress Petroleum and Transport Services Company (Aldress) owns and operates gas stations. The company is also a distributor of petroleum products, fuel and lubricants.
Overview
Aldrees Petroleum and Transport Services Co. (ALDREES) was set up as a Saudi limited partnership company in 1962 in Riyadh, under the name “Mohammad Saad Aldrees and Sons Company”.
The company’s main activities are petroleum services, transport service through wholesale and retail trading of fuel, oils and lubricants, in addition to the transportation of goods. The company also operates vehicle workshops to provide a full maintenance service to its fleet
Basic Information
City: | Riyadh |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1962 |
Commercial Register: | 1010002475 |
Website: | www.aldrees.com |
shares@aldrees.com | |
Phone | +966 11 235 5555 |
Fax | +966 11 236 6666 |
Address | Khuraise road - Riyadh 11421 |
PO Box | 609 |
Argaam Classification
Industry Peers
Saudi Automotive Services Co. |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 96.20 |
Free Float % : | 96.20 |
Weight in Index % : | 0.48 |
3M Average Volume : | 306,175 |
3M Average Transactions : | 2,609 |
Change(12M) % : | 47.69 |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
Aldrees Bertschi | Saudi Arabia | 50.00 % |
Milestones
10-03-2012
Raised its capital to SAR 300 million by issue of 20% bonus shares.
17-03-2008
Raised its capital to SAR 250 million by issue of a 25% bonus shares.
14-03-2006
Became publicly listed in the Saudi stock exchange.
12-12-2005
It was converted into Saudi joint stock company
14-12-2004
The company was rebranded to “Aldrees Petroleum and Transport Services Co. (ALDREES)”
12-2004
The company’s capital was increased to SAR 200 million form SAR 100 million
12-2002
The company’s capital was increased to SAR 100 million from SAR 50 million
26-07-2002
It was converted into a limited liability company
2001
The company branded its network of petrol stations as “Petrol”
1965
The company started the operations of its first gas station
1963
The company established its first gas station at Al-Rail Street in Riyadh
12-09-1962
Aldrees Petroleum and Transport Services Co. (ALDREES) was set up as a limited partnership company under the name “Mohammad Saad Aldrees and Sons Company”
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