Budget Saudi Corrects 2025 Earnings Per Share to SAR 3.32
BUDGET SAUDI 4260.SA | 0.00 |
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2026-03-15 Corresponding to 1447-09-26 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement |
Profit (Loss) per Share: SAR 4.25 for 2024
Profit (Loss) per Share: SAR 4.42 for 2025 |
| Correct Statement |
Profit (Loss) per Share: SAR 3.13 for 2024
Profit (Loss) per Share: SAR 3.32 for 2025 |
| Additional Information |
The Company would like to clarify to its valued shareholders that this correction:
• Does not affect the Company’s net profit • Does not affect the financial position or total balance sheet figures • Does not affect cash flows or shareholders’ equity The impact of this correction is limited solely to the calculation of Earnings Per Share (EPS), as a result of the increase in the number of shares following the bonus share issue after the EGM approval on Feb 19,2026, subsequent to balance sheet date. Accordingly, this correction has no impact whatsoever on the Company’s overall profitability or financial position, as the change relates only to the presentation and disclosure of EPS. |
Other Items
The United International Transportation Co. (Budget Saudi) issued a correction announcement regarding its annual financial results for 2025. The company corrected its earnings per share figures, revising 2024 EPS from SAR 4.25 to SAR 3.13 and 2025 EPS from SAR 4.42 to SAR 3.32. The company clarified that "this correction does not affect the Company's net profit, does not affect the financial position or total balance sheet figures, does not affect cash flows or shareholders' equity." The correction resulted from an increase in the number of shares following a bonus share issue approved at the EGM on February 19, 2026, subsequent to the balance sheet date.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93806&anCat=1&cs=4260&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.