X 1,708
million
Revenue
delivered in
2025
Dear shareholders and partners,
It is my privilege to reflect on a year in which SAL continued to strengthen its position and progressed into its next phase of disciplined scale, reinforcing its role within the Kingdom’s logistics ecosystem. Guided by our 2025 theme, “Scaling SAL: Delivering Impact. Driving Growth.”, SAL delivered solid performance, reflecting operational resilience and the strength of its business model. SAL generated revenue of X 1,708 million. Beyond the financial results, the Board views this performance as a clear demonstration of disciplined execution, strong market positioning, and the Company’s ability to pursue growth while maintaining strong financial resilience.
Throughout 2025, the Board provided clear oversight, stewarded capital responsibly, and ensured the Company remained focused on delivering sustainable value for shareholders while supporting the Kingdom’s broader economic transformation.
SAL continued to scale with discipline in 2025, reinforcing its role in Saudi Arabia’s evolving logistics ecosystem. Strategic milestones, including the SAL Logistics Zone at Falcon City Malham, north of Riyadh partnership, reflect the Board’s commitment to sustainable growth, prudent capital stewardship, and long-term value creation.
As global trade flows continued to evolve, the Board monitored developments closely and engaged management to calibrate strategic choices to prevailing conditions, balancing ambition with financial discipline and ensuring alignment with strategic priorities as SAL scales its business and expands capabilities.
A notable development during the year was the Company’s entry into a strategic partnership to develop the SAL Logistics Zone at Falcon City in Riyadh, and its inclusion in the Shareek Program. The Board views this as a significant milestone in SAL’s evolution, extending beyond its traditional footprint and strengthening national logistics capacity. This step positions SAL to contribute meaningfully and responsibly to Vision 2030 while advancing its role as an integrated logistics enabler.
In parallel, we oversaw continued investment in core infrastructure across major terminals. These enhancements reinforce operational resilience and elevate service excellence, and strengthen the Company’s ability to support rising import, transit, and export flows, ensuring that growth is underpinned by robust foundations.
As we look ahead, the Board’s perspective remains measured and confident. SAL enters its next phase with a strong financial position and an experienced Executive Leadership Team capable of executing with clarity and consistency. We will continue to anchor our decisions in long-term value creation, disciplined capital allocation, and alignment with the Kingdom’s ambition to build a world-class logistics sector.
On behalf of the Board, I extend my sincere appreciation to our shareholders for their continued trust, and to our regulators and partners for their constructive collaboration. I also commend the CEO, the executive team, and our colleagues across the SAL network, whose professionalism and commitment underpin the Company’s continued progress as it scales for the future.
Fawaz Mohammed Fawaz AlFawaz
Chairman of the Board of Directors