SAPTCO: The financial impact of diesel price hike increases operating costs by 2.8%

The Saudi Public Transport Company announced the financial impact of the diesel price hike, which came into effect as of January 1, 2025.

The company explained that this increase is expected to have a direct impact on operating costs by 2.8%, and this impact will appear as of the first quarter of 2025.

SAPTCO confirmed that it is aware of the challenges resulting from these changes, and will continue its steadfast commitment to implementing effective strategies that focus on enhancing operational efficiency and reducing costs.