Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) has appointed Chairman, Vice Chairman, and a Managing Editor.

The company’s board appointed Ibrahim Mohammed Alhudaithi as Chairman, according to a bourse filing.

The board also named Sultan Mohammed Alhudaithi as Vice Chairman and Managing Director.

The new term of the appointed executives will start on 30 June 2024 and end on 29 June 2028.

SASCO recorded a net profit of SAR 10.01 million in the first quarter (Q1) of 2024, an annual drop of 18.28% from SAR 12.25 million.