Aldrees says 24h curfew measures have affected revenues

Aldrees Petroleum and Transport Services Co.’s (Aldrees) business segments are still operating, but the 24-hours curfew in some Saudi cities has directly affected its revenues that will eventually impact business activities and financial results.

The company said in a bourse statement that it is difficult to determine the financial impact at present and any further developments will be announced in due course.

On the private sector’s support packages, Aldrees said it is working closely with relevant authorities to identify the support mechanism and feasibility.