Financial Results : Budget Saudi 9M 2025 profit up 17% to SAR 248.7M; Q3 at SAR 80.3M

Budget Saudi 9M 2025 profit up 17% to SAR 248.7M; Q3 at SAR 80.3M

05/11/2025 Argaam Exclusive

View other reports

United International Transportation Co. (Budget Saudi) reported a net profit of SAR 248.7 million for the first nine months of 2025, leaping 17% from SAR 212.6 million in the year-earlier period



Financials (M)

Item 9m 2024 9m 2025 Change‬
Revenues 1,347.77 1,718.04 27.5 %
Gross Income 405.28 520.20 28.4 %
Operating Income 262.37 324.20 23.6 %
Net Income 212.63 248.66 16.9 %
Average Shares 74.10 78.17 5.5 %
Earnings Per Share before unusual items (Riyals) 2.87 3.18 10.9 %
EPS (Riyal) 2.87 3.18 10.9 %

The growth was fueled by higher revenues from an expanded lease fleet and the consolidation of Autoworld, which contributed two months of lease revenue in 2025 compared with none in the same period last year.

 

Improved operational efficiency and disciplined cost control also boosted gross and operating profits, offsetting higher financing costs and increased fleet depreciation.



Current Quarter Comparison (M)

Compared With The
Item Q3 2024 Q3 2025 Change‬
Revenues 505.82 629.98 24.5 %
Gross Income 156.57 176.97 13.0 %
Operating Income 98.19 105.77 7.7 %
Net Income 71.70 80.27 12.0 %
Average Shares 74.10 78.17 5.5 %
Earnings Per Share before unusual items (Riyal) 0.97 1.03 6.1 %
EPS (Riyal) 0.97 1.03 6.1 %

Third-quarter net profit rose 12% to SAR 80.3 million from SAR 71.7 million, but fell 6.3% sequentially from SAR 85.6 million in Q2 2025.

 

Total shareholders’ equity, after minority equity, stood at SAR 2.82 billion by Sept. 30, 2025, compared to SAR 2.59 billion a year earlier.

View More Financial Results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.