United International Transportation Co 2023 AR2

The report outlines the financial and operational performance of United International Transportation Company (Budget Saudi) for the fiscal year 2023. The company achieved a net profit of over SAR 277 million, representing a 10% increase compared to 2022, and expanded its fleet to over 35,000 vehicles. Key strategic milestones included acquiring a 70% stake in Overseas Development Company and initiating the full acquisition of AutoWorld. On the sustainability front, the company highlighted its environmental initiatives, such as recycling 190 tons of used engine oil annually, utilizing eco-friendly vehicles, and implementing water-saving steam car washes. Additionally, the company was recognized as a 'Great Place to Work' and actively engaged in various social responsibility programs.

Company: United International Transportation Co

Sector: Industrials

Country: Saudi Arabia

Year: 2023

Type: AR2

Pages: 54

Back to company

United International Transportation Co

United International Transportation Co 2023 Annual Report

Annual Report

The report outlines the financial and operational performance of United International Transportation Company (Budget Saudi) for the fiscal year 2023. The company achieved a net profit of over SAR 277 million, representing a 10% increase compared to 2022, and expanded its fleet to over 35,000 vehicles. Key strategic milestones included acquiring a 70% stake in Overseas Development Company and initiating the full acquisition of AutoWorld. On the sustainability front, the company highlighted its environmental initiatives, such as recycling 190 tons of used engine oil annually, utilizing eco-friendly vehicles, and implementing water-saving steam car washes. Additionally, the company was recognized as a 'Great Place to Work' and actively engaged in various social responsibility programs.

Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.

Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

No data available