eXtra

United Electronics Company (eXtra) posted a 10% y-o-y rise in net income to SAR 94.7 mn in 1Q 2026, according to a disclosure to Tadawul. Revenue grew 5% y-o-y to SAR 1.8 bn during the quarter, driven by the retail (up 3.6%) and consumer finance segments (up 17.5%). Robust online sales, strong Clix performance, and ongoing growth in the firm’s financing portfolio also underpinned growth.

ALSO- UIHC — a subsidiary of eXtra which owns and operates Tas’heel Finance — saw its net income rise 11.3% y-o-y to SAR 64.3 mn in 1Q 2026, it said in a disclosure to Tadawul. Revenue climbed 17.5% y-o-y to SAR 205.2 mn during the period, bolstered by a 21% expansion in its consumer finance portfolio.

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