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
United International Transportation Co
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.
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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