United Electronics Company’s (eXtra) estimated net income grew 16.8% y-o-y to SAR 124.5 mn in 2Q 2025, it said in a Tadawul disclosure yesterday. The growth was attributed to a better sales mix and growth in the consumer finance segment.

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)

Revenue was up 10.6% y-o-y at SAR 2.1 bn in the same period, pushed by an upturn in the retail segment on the back of higher showrooms, cliX, and e-commerce sales, as well as an expanded customer base for its paid loyalty program Jood.

During the first half of the year, eXtra’s net income increased 13.7% y-o-y to SAR 227.9 mn, while revenue rose 10.4% y-o-y to SAR 3.9 bn.

ALSO- United International Holding (Tas’heel), a subsidiary of eXtra which owns and operates Tas’heel Finance, saw its estimated net income grow 27.7% y-o-y to SAR 59.8 mn in 2Q 2025, it said in a disclosure to Tadawul. Revenue was up 28.4% y-o-y at SAR 192.4 mn over the same period, driven by higher consumer finance returns.

During 1H 2025, the subsidiary’s net income widened 18.6% y-o-y to SAR 117.6 mn, while revenue jumped 26.9% y-o-y to SAR 367.1 mn.

Tags: