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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
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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