United International Transportation Co (4260)

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) has acquired Al Jazira Equipment Company (AutoWorld), a SEDCO Holding-owned vehicle leasing company. The transaction anchors Budget Saudi’s strategic objectives to …

Riyadh – Mubasher: The shareholders of United International Transportation Company (Budget Saudi) approved the board’s recommendation to increase the capital and acquire all shares of Al Jazeera Equipment Company Limited (AutoWorld). The new …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) appointed Ibrahim Saad Al Mojel as the board’s Chairman for the next four years. Abdulwahab Abdulkarim Albetari was named as the Vice Chairman, according to a bourse …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) and SAMACO Automotive penned a strategic partnership agreement, according to a press release. Budget Saudi purchased 100 T-Roc cars to form a significant part of their …

Riyadh – Mubasher: The Capital Market Authority (CMA) passed the requests of United International Transportation Company (Budget Saudi) and Bena Steel Industries Company to increase their capital. Budget Saudi will raise its capital to SAR 781.66 …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) posted net profits valued at SAR 69.71 million in the first quarter (Q1) of 2024, up 0.56% from SAR 69.31 million in Q1-23. The Saudi firm generated revenues worth SAR …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) announced that one of its subsidiaries has signed an agreement to acquire 70% of the stake of Overseas Development company in a subsidiary based in the UAE. The deal was …

Riyadh – Mubasher: The net profits of United International Transportation Company (Budget Saudi) increased by 10% to SAR 277.21 million in 2023 from SAR 252 million in 2022. Revenues amounted to SAR 1.37 billion as of 31 December 2023, an annual …

 Riyadh – Mubasher: United International Transportation Company (Budget Saudi) posted 12.94% higher net profits after Zakat and tax at SAR 211.10 million in the first nine months (9M) of 2023, versus SAR 186.92 million in 9M-22. The earnings per …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) registered SAR 139.60 million in net profit after Zakat and tax during the first half (H1) of 2023, an annual rise of 13.73% from SAR 122.75 million. The revenues of …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) logged net profits after Zakat and tax amounting to SAR 69.31 million in the first quarter (Q1) of 2023. The registered net profits were higher by 15.01% than SAR 60.27 …

Riyadh – Mubasher: The net profits after Zakat and tax of United International Transportation Company (Budget Saudi) hit SAR 252 million in 2022, up 14.60% from SAR 219.91 million in 2021. Revenues increased by 3.75% to SAR 1.02 billion in …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) registered net profits after Zakat and tax worth SAR 186.92 million in the first nine months (9M) of 2022, an annual increase of 11.53% from SAR 167.59 million. Revenues …

Riyadh – Mubasher: The net profits of the United International Transportation Company (Budget Saudi) rose by 4.5% year-on-year (YoY) in the first half (H1) of 2022 to SAR 122.8 million, from SAR 117.5 million in the year-ago period. Earnings per …

Riyadh – Mubasher: Al Jozoor Al Raskha Trucking Company (Rahaal), a subsidiary of United International Transportation Company (Budget Saudi), has signed a memorandum of understanding (MoU) for a possible stake acquisition of Overseas Development …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) has posted a 24.72% year-on-year (YoY) jump in net profit after Zakat and tax to SAR 60.27 million during the first quarter (Q1) of 2022 from SAR 48.32 million. Revenues …

Riyadh – Mubasher: The shareholders of United International Transportation Company (Budget Saudi) have agreed to distribute a cash dividend of SAR 1.30 per share for the second half (H2) of 2021 Budget Saudi will pay out a total amount of SAR …

Riyadh – Mubasher: The net profits after Zakat and tax of United International Transportation Company (Budget Saudi) rose by 8.62% to SAR 219.91 million in 2021, compared to SAR 202.44 million in the earlier year. The company reported a 2.41% …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) achieved a year-on-year (YoY) increase in net profits after Zakat and tax at SAR 168.19 million during the first nine months of 2021 compared to SAR 108.48 million. …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) reported a 63.7% year-on-year (YoY) surge in its net profits, logging SAR 111.429 million in the first half (H1) of 2021, compared to SAR 68.039 million.  The profit …

 Riyadh – Mubasher: The United International Transportation Company (Budget) has appointed Bassim Abdullah Abdulrahman Alim as the Chairman of the board for a three-year term starting 21 June 2021. Budget also announced the appointment of Khaled …

Riyadh – Mubasher: The shareholders of the United International Transportation Company (Budget) approved to distribute SAR 88.95 million, representing 12.5% of the capital, as cash dividends for the second half (H2) of 2020. Budget will pay SAR …

Riyadh – Mubasher: The net profit of United International Transportation Company (Budget Saudi) rose by 5.2% on an annual basis in 2020 to SAR 187.85 million, compared to SAR 178.61 million in 2019. The growth in the annual net earnings was …

Riyadh – Mubasher: Five Tadawul-listed transport companies moved to losses during the third quarter (Q3) of 2020 as revenues from activities plunged due to the adverse effects of the coronavirus crisis. The companies suffered a loss of SAR 130.83 …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) gained SAR 40.450 million in net profits during the third quarter (Q3) ending 30 September 2020,10.6% less than the year-ago period. The slump in net profit is …