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FINANCIAL NEWS
Rentals and car sales lift Budget-Saudi income 6%
18 Jul 2011
(MENAFN) United International Transportation Company (Budget-Saudi) announced a six percent jump in its second quarter net income from USD6.05 million last year to USD6.39 million this year due to an increase in rentals and car sales, Arab News reported.
The company’s profit grew by three percent from USD6.15 million from the second quarter of last year to USD6.32 million this year.
For the first six months of the year, Budget-Saudi’s net income grew four percent compared to last year to USD12.51 million.
Earnings per share grew from USD0.66, from the first half of last year, to USD0.68 for the first half of the this year, which ended June 30th.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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