Theeb Rent a Car Co (4261)

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News

21 December 07:04 PM Theeb Rent a Car signs SAR 110m leasing deal with HungerStation

Riyadh - Mubasher: Theeb Rent a Car Company has inked a long-term vehicle leasing contract valued at SAR 110.40 million with HungerStation Company, according to a bourse disclosure. Under the four-year agreement, Theeb Rent a Car will lease 2,000 …

Companies Investments

23 October 05:30 PM Theeb Rent a Car obtains regulatory nod for capital increase to SAR 660m

Riyadh - Mubasher: The Capital Market Authority (CMA) has approved Theeb Rent a Car Company’s request to raise its capital to SAR 659.71 million from SAR 430 million. The hike will be executed through the issuance of one bonus share for every two …

Corporate Actions

16 October 06:58 AM Theeb Rent a Car reinforces branch network in Saudi Arabia

Riyadh – Mubasher: Theeb Rent a Car Company has inaugurated two new branches in Najran and Jazan to strengthen its business network and implement its strategic plan focused on growth and nationwide presence across Saudi Arabia. This launch brings …

Companies Investments

25 April 2024 01:20 PM Theeb Rent a Car opens new branch in Riyadh

Riyadh – Mubasher: Theeb Rent a Car Company has opened its new branch located in Riyadh’s Al-Arid district. The recent expansion brings the total number of the company’s branches in Riyadh to 14, according to a bourse filing. Theeb’s now operates …

Companies Investments

14 March 2024 00:14 PM Theeb Rent a Car posts 26% YoY lower profit in 2023

Riyadh – Mubasher: The net profit of Theeb Rent a Car Company dropped 26.43% year-on-year (YoY) to SAR 142.06 million in 2023 from SAR 193.10 million. Revenues rose 17.30% YoY to SAR 1.35 billion last year from SAR 967.96 million, according to the …

Financial Results

10 March 2024 02:29 PM Theeb Rent a Car unveils 2 key appointments

Riyadh – Mubasher: Theeb Rent a Car Company named Mohammed Ahmed Al Theeb as the Chairman of the board for the next three years. The board members also appointed Riyad Saleh Al Malik as the Vice Chairman, according to a bourse disclosure. The two …

Management Decisions

13 November 2023 04:01 PM Theeb Rent a Car's net profits decline nearly 24% in 9M-23; cash dividends for Q3 declared

Riyadh – Mubasher: Theeb Rent a Car Company posted SAR 106.54 million in net profit in the first nine months (9M) of 2023, down by 23.60% from SAR 139.44 million in 9M-22. The revenues jumped by 19.64% year-on-year (YoY) to SAR 834.72 million in …

Financial Results

4 September 2022 06:29 PM Theeb Rent a Car changes Q2-22 dividends’ payout date

Riyadh – Mubasher: Theeb Rent a Car Company has amended the distribution date of its cash dividends for the second quarter (Q2) of 2022 to become 20 September instead of the previously mentioned 22 of the month, according to a bourse filing on …

Cash Dividends

9 June 2022 04:56 PM Theeb Rent a Car to pay 5% of capital as Q1-22 dividends

Riyadh – Mubasher: Theeb Rent a Car Company announced a cash dividend of SAR 0.49 per share for the first quarter (Q1) of 2022. The Saudi listed firm will pay total dividends of SAR 21.07 million, representing 4.90% of the capital, for 43 million …

Cash Dividends

14 April 2022 06:05 PM Theeb Rent a Car’s Vice Chairman resigns; Almalik succeeds

Riyadh – Mubasher: Theeb Rent a Car Company has announced the resignation of Hassan Samir Al Shuwaikh from his position as the Vice Chairman of the board, effective from 13 April this year. Riyadh Saleh Almalik will replace Al Shuwaikh, who …

Corporate Actions

21 March 2022 04:32 PM Theeb Rent a Car to pay SAR 23m dividends for Q4-21

Riyadh – Mubasher: Theeb Rent a Car Company announced the distribution of SAR 0.54 per share as a cash dividend for the fourth quarter (Q4) of 2021. The company will disburse a total amount worth SAR 23.22 million, representing 5.4% of the …

Cash Dividends

4 March 2022 01:23 AM Theeb Rent a Car’s net profits jump 99% in 2021

Riyadh – Mubasher: Theeb Rent a Car Company’s net profits after Zakat and tax surged by 98.78% year-on-year (YoY) to SAR 125.72 million in 2021 from SAR 63.24 million. The company generated revenues worth SAR 752.37 million last year, up 13.99% …

Financial Results

25 January 2022 03:57 PM Theeb Rent a Car wins SAR 27m government rental contract

Riyadh – Mubasher: Theeb Rent a Car Company has been awarded a SAR 27.13 million contract on 24 January to rent vehicles to the Saudi Ministry of Human Resources and Social Development. The long-term rental deal duration stands at four years until …

Companies Investments

16 November 2021 04:53 PM Theeb Rent a Car to pay SAR 17m dividends for Q3-21

Riyadh – Mubasher: Theeb Rent a Car Company decided to distribute a cash dividend of SAR 0.4 per share, representing 4% of the capital, for the third quarter (Q3) of 2021. The company will pay a total amount of SAR 17.2 million for 43 million …

Cash Dividends

9 November 2021 05:00 PM Theeb Rent a Car announces 95.5% higher net profits in Q3

Riyadh – Mubasher: Theeb Rent a Car Company registered net profits after Zakat and tax of SAR 27.35 million in the third quarter (Q3) of 2021, a jump of 95.58% from SAR 13.98 million in Q3-20. Revenues increased by 9.7% year-on-year (YoY) to SAR …

Financial Results

16 September 2021 04:01 PM Theeb Rent a Car to distribute SAR 22m dividends for H1

Riyadh – Mubasher: Theeb Rent a Car Company will pay a cash dividend of SAR 0.51 per share, representing 5.1% of the share’s par value, for the first half (H1) of 2021. The company will distribute a total amount of SAR 21.93 million for 43 million …

Cash Dividends

12 August 2021 03:53 PM Theeb Rent a Car sees 83% higher profits in H1-21

Riyadh – Mubasher: Theeb Rent a Car Company has achieved an 82.64% rise in net profits after Zakat and tax to SAR 50.933 million during the first half (H1) of 2021, compared to SAR 27.887 million in the corresponding period of 2020. Higher net …

Financial Results

5 July 2021 05:46 PM Theeb Rent a Car pens SAR 49m deal with Jahez International

Riyadh – Mubasher: Theeb Rent a Car Company signed a contract worth SAR 48.72 million with Jahez International Company for Information Systems Technology, according to a bourse disclosure on Monday. The long-term rental deal duration stands at …

Companies Investments

17 June 2021 11:27 AM Saudi Arabia continues to lead MENA’s IPO market – EY

Mubasher: Saudi Arabia witnessed the most active initial public offering (IPO) transactions across the MENA region, topping the regional listing venue in the first quarter (Q1) of 2021, a recent report by Ernst & Young (EY) unveiled. The Saudi …

Companies Investments