BRIEF-Theeb Q1 Net Profit SAR 34.5 Million

THEEB

THEEB

4261.SA

0.00

May 10 (Reuters) - THEEB RENT A CAR 4261.SE:

  • THEEB Q1 NET PROFIT SAR 34.497 MILLION

  • THEEB Q1 SALES SAR 409.553 MILLION

  • THEEB - Q1 INCREASE IN REVENUES FROM SHORT-TERM AND LONG-TERM RENTAL SEGMENTS BY 15%

  • THEEB - Q1 SAW INCREASE IN USED CAR SALES SEGMENT REVENUES BY 48%

  • THEEB - Q1 SAW MARGINAL DECREASE IN FLEET UTILIZATION RATES WITHIN THE RENTAL SEGMENT

  • THEEB - Q1 SAW INCREASE IN EXPECTED CREDIT LOSS PROVISION

  • THEEB - Q1 SAW LOWER PROFITABILITY IN THE USED CAR SALES SEGMENT

Source text: ID:nSSE4G0lyz

Further company coverage: 4261.SE


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