United International Transportation Co (4260)

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 …

Riyadh – Mubasher: The coronavirus crisis and its repercussions have led the Saudi transport sector to suffer SAR 264.7 million worth of losses during the second quarter (Q2) of 2020 amidst halt and suspension of most flights as part of the …

Riyadh – Mubasher: United International Transportation Company’s (Budget Saudi) net profits slumped by 48.05% on an annual basis in the second quarter (Q2) ended 30 June 2020. The profits for Q2-20 totalled SAR 22.58 million, compared to SAR 43.47 …

Riyadh – Mubasher: The general assembly of United International Transportation Company (Budget Saudi) consented to the proposed cash dividend distribution of SAR 35.6 million or SAR 0.5 per share to shareholders for the second half (H2) of 2019, …

Riyadh – Mubasher: The board of United International Transportation Company (Budget Saudi) has cancelled its previous recommendation for distributing SAR 1.5 per share as cash dividends for the second half (H2) of last year. The board has modified …

Riyadh – Mubasher: United International Transportation Co (Budget Saudi) reported a 5% year-on-year profit rise during 2019. Net profits amounted to SAR 178.62 million last year, compared to SAR 170 million in 2018, the company said in a filing to …

Riyadh – Mubasher: United International Transportation Company (Budget Saudi) reported its interim financial results for the third quarter of 2019. Net profits inched up by 4.9% to SAR 45.24 million in Q3-19, compared to SAR 43.11 million in …