Budget Saudi Logs Lower Q1 Net Profit; Revenue Rises
Idag, 08:17
Idag, 08:17
02:17 AM EDT, 05/07/2026 (MT Newswires) -- United International Transportation Co (SASE:4260), d/b/a Budget Saudi, said Thursday its net profit for the first quarter declined, while revenue rose year over year.
Net profit attributable to shareholders of the company for the three months ended March 31 was 34.5 million Saudi riyals, compared with 82.8 million riyals a year earlier. EPS moved to 0.33 riyal from 0.79 riyal.
The Saudi Arabia-listed vehicle leasing and rental services company's revenue was 552.4 million riyals, compared with 543.4 million riyals a year ago.
Idag, 08:17
02:17 AM EDT, 05/07/2026 (MT Newswires) -- United International Transportation Co (SASE:4260), d/b/a Budget Saudi, said Thursday its net profit for the first quarter declined, while revenue rose year over year.
Net profit attributable to shareholders of the company for the three months ended March 31 was 34.5 million Saudi riyals, compared with 82.8 million riyals a year earlier. EPS moved to 0.33 riyal from 0.79 riyal.
The Saudi Arabia-listed vehicle leasing and rental services company's revenue was 552.4 million riyals, compared with 543.4 million riyals a year ago.
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