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Logistics (MENA) 
eXtra, UIHC net income up 10% y-o-y in 1Q
UIHC reported 10.4% y-o-y bottom line growth to SAR 57.8 mn
eXtra’s net income increases 37% y-o-y in 2024
Its subsidiary UIHC saw its net income grow 4.8% y-o-y over the same period
eXtra’s net income was up 41% y-o-y in 4Q 2024
PLUS: UIHC saw its estimated net income increase by 16.1% y-o-y
UIHC’s retail offering was 9.1x oversubscribed
Final shares allocation wrapped up yesterday
UIHC IPO priced at the top of the range
The institutional offering was 132x oversubscribed
UIHC IPO sells out “within minutes”
The financial services provider could raise up to SAR 990 mn in IPO proceeds
United International Holding Company issues prospectus for Tadawul IPO
The selling shareholder will pocket all the proceeds
eXtra’s bottom up 32.1% y-o-y for 3Q at SAR 156.2 mn,
Revenues were up 10.4% during the period at SAR 1.6 bn
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