Saudi Public Transport Co (4040)

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News

30 October 03:14 PM SAPTCO achieves 37% higher net profits in 9M-25

Riyadh - Mubasher: The net profits of Saudi Public Transport Company (SAPTCO) reached SAR 28.58 million in the first nine months (9M) of 2025, marking a 37.11% year-on-year (YoY) hike from SAR 20.85 million. The company delivered an annual growth …

Financial Results

5 August 11:47 AM SAPTCO turns profitable at SAR 20.5m in H1-25

Riyadh - Mubasher: Saudi Public Transport Company (SAPTCO) shifted to net profits worth SAR 20.44 million in the first half (H1) of 2025, against net losses of SAR 7.01 million in H1-24. The revenues increased by 16.18% to SAR 844.43 million in …

Financial Results

13 May 07:20 PM SAPTCO announces 59% drop in Q1-25 net losses

Riyadh - Mubasher: Saudi Public Transport Company (SAPTCO) registered 58.72% lower net losses at SAR 20.07 million in the first quarter (Q1) of 2025, compared with SAR 48.62 million in Q1-24. Meanwhile, the revenues increased by 10.63% to SAR …

Financial Results

27 January 04:29 PM SAPTCO rolls out SAR 114m deal with Development of Madinah Authority

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) inked a SAR 113.84 million contract with the Development of Madinah Authority on 26 January 2025, according to a bourse filing. The deal covers operating shuttle transportation services …

Companies Investments

5 November 2024 05:14 PM SAPTCO’s profits shrink 38.5% in 9M-24

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) generated SAR 20.85 million in net profit during the first nine months (9M) of 2024, marking a 53.39% plunge from SAR 44.73 million in 9M-23. Revenues stood at SAR 1.15 billion in 9M-24, …

Financial Results

2 October 2024 10:54 AM SAPTCO inks SAR 93m contract with Alahsa Municipality

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) and Alahsa Municipality signed an agreement valued at SAR 92.99 million. The deal covers operating a public bus transport network in Al Ahsa Province for five years, according to a bourse …

Companies Investments

26 August 2024 00:38 PM SAPTCO rolls out SAR 84m agreement

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) penned a SAR 83.99 million agreement with Tabuk Municipality for the public bus transport project in Tabuk City. The two entities signed the deal on 25 August 2024 for five years, …

Companies Investments

1 August 2024 00:15 PM SAPTCO swings to losses in H1-24; accumulated losses surpass 27% of capital

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) shifted to net losses worth SAR 7.01 million in the first half (H1) of 2024, against net profits valued at SAR 11.14 million in H1-23. The company's revenues stood at SAR 735.71 million in …

Financial Results

14 May 2024 11:42 AM SAPTCO suffers higher losses in Q1-24; accumulated losses unveiled

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) incurred 2.59% year-on-year (YoY) higher net losses at SAR 48.62 million in the first quarter (Q1) of 2024, compared to SAR 47.39 million. The Saudi firm generated revenues amounting to …

Financial Results

5 March 2024 11:31 AM SAPTCO’s losses down 75% in 2023; key appointments, new subsidiary unveiled

Riyadh – Mubasher: The net losses of Saudi Public Transport Company (SAPTCO) amounted to SAR 24.17 million in 2023, lower by 74.91% year-on-year (YoY) than SAR 96.35 million. Revenues increased by 18.96% to SAR 1.56 billion last year from SAR 1.31 …

Management Decisions

27 February 2024 11:46 AM SAPTCO wins SAR 123m contract for public transport project in 3 cities

Riyadh – Mubasher: Assir Municipality has awarded Saudi Public Transport Company (SAPTCO) a SAR 122.99 million five-year contract for a public transport project. The contract includes the provision of public bus transportation service in the …

Companies Investments

28 December 2023 03:42 PM SAPTCO wins public transport project in Tabuk

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) received notification of a project award from Tabuk Municipality to operate the first phase of Tabuk City's public transport network. The contract holds a value of SAR 83.99 million for …

Companies Investments

9 November 2023 02:29 PM SAPTCO unveils 9M-23 financials, higher revenues at SAR 1.19bn

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) turned profitable at SAR 44.73 million in the first nine months (9M) of 2023, against net losses of SAR 1.28 million in 9M-22. Revenues amounted to SAR 1.19 billion in 9M-23, up 24.39% …

Financial Results

8 May 2023 08:59 AM SAPTCO’s losses deepen 2,164% in Q1-23; accumulated losses unveiled

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) incurred net losses after Zakat and tax valued at SAR 47.39 million in the first quarter (Q1) of 2023. The registered net losses were higher by 2,164% year-on-year (YoY) than SAR 2.09 …

Financial Results

25 April 2023 04:01 PM SAPTCO awarded SAR 93m project agreement

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) won a SAR 93 million project contract with the Jazan Region Municipality on 18 April, according to a bourse filing. The Tadawul-listed firm will operate the public transport network …

Companies Investments

28 February 2023 03:22 PM SAPTCO reports lower losses in 2022; accumulated losses near SAR 305m

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) registered net losses after Zakat and tax worth SAR 96.35 million in 2022, an annual drop of 56.30% from SAR 220.46 million. Based on the consolidated annual financial results, the …

Financial Results

27 December 2022 05:48 PM SAPTCO pens 5-year deal with Taif municipality

Riyadh – Mubasher: The Saudi Public Transport Company (SAPTCO) has signed, on 26 December, a five-year contract with Taif municipality for the public bus transport project. The deal value stands at SAR 88 million, including a 15% value-added tax …

Companies Investments

7 November 2022 02:01 PM SAPTCO’s losses shrink 99% in 9M-22; accumulated losses unveiled

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) suffered net losses after Zakat and tax worth SAR 1.28 million in the first nine months (9M) of 2022, lower by 99.16% than SAR 152.89 million in 9M-21. The revenues amounted to SAR 962.65 …

Financial Results

28 September 2022 05:48 PM SAPTCO wins SAR 88m transport project

Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) has been awarded a project worth SAR 88 million for the public bus transport project in Taif. SAPTCO pointed out that the project will have a positive impact on its revenues during the …

Companies Investments

24 August 2022 11:35 PM SAPTCO posts lower losses in H1-22; accumulated losses near SAR 202m

Riyadh – Mubasher: The net losses after Zakat and tax of Saudi Public Transport Company (SAPTCO) shrank by 97.33% to SAR 2.55 million in the first half (H1) of 2022, versus SAR 95.80 million in H1-21. SAPTCO registered revenues worth SAR 609.67 …

Financial Results

23 May 2022 05:20 PM SAPTCO’s losses down 96% in Q1-22 initial results; accumulated losses hit 16% of capital

Riyadh – Mubasher: The Saudi Public Transport Company (SAPTCO) has incurred net losses after Zakat and tax worth SAR 2.09 million during the first quarter (Q1) of 2022, an annual drop of 96.15% from SAR 54.44 million. Revenues surged by 41.46% to …

Financial Results

28 March 2022 10:52 AM SAPTCO logs 42% lower losses in 2021

Riyadh – Mubasher: The Saudi Public Transport Company (SAPTCO) has posted a year-on-year (YoY) decrease of 41.63% in net losses after Zakat and tax to SAR 220.46 million in 2021, compared to SAR 377.71 million. Revenues declined by 17.87% to SAR …

Financial Results

25 January 2022 03:09 PM SAPTCO signs SAR 57m contract for public transport project in Madinah

Riyadh – Mubasher: The Saudi Public Transport Company (SAPTCO) has been awarded and inked the contract of the public transport project with the Madinah Region Development Authority on 24 January. The contract has a value of SAR 57.497 million …

Companies Investments

24 January 2022 05:35 PM SAPTCO pens SAR 150m contract for public transportation project

Riyadh – Mubasher: The Saudi Public Transport Company (SAPTCO) has signed the contract for the public bus transport project in Dammam and Al Qatif with the Eastern Province Municipality on 23 January,. With a value of SAR 149.6 million including a …

Companies Investments

12 January 2022 06:55 PM SAPTCO wins SAR 150m transportation project

Riyadh – Mubasher: The Saudi Public Transport Company (SAPTCO) has been awarded a project from the Eastern Province Municipality for the public bus transport project in Dammam and Al Qatif. The five-year contract has a value of SAR 149.60 million, …

Companies Investments