{"id":98583,"date":"2025-07-09T00:00:00","date_gmt":"2025-07-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/09\/extra-tasheel-net-income-up-in-2q-1h\/"},"modified":"2025-07-09T00:00:00","modified_gmt":"2025-07-09T00:00:00","slug":"extra-tasheel-net-income-up-in-2q-1h","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/07\/09\/extra-tasheel-net-income-up-in-2q-1h\/","title":{"rendered":"eXtra, Tas\u2019heel net income up in 2Q, 1H"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>United Ele<\/strong><strong>ctronic<\/strong><strong>s Company\u2019s (eXtra) estimated net income grew 16.8% y-o-y to SAR <\/strong><strong>124.5 mn in 2Q 2025<\/strong>, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=88655&anCat=1&cs=4003&locale=en\" style=\"\" rel=\"noopener\">Tadawul disclosure<\/a> yesterday. The growth was attributed to a better sales mix and growth in the consumer finance segment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Revenue was up 10.6% y-o-y at SAR 2.1 bn in the same period<\/strong>, 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.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>During the first half of the year<\/strong>, eXtra\u2019s 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.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO-<\/strong> United International Holding (Tas\u2019heel), a subsidiary of eXtra which owns and operates Tas\u2019heel Finance, saw its estimated net income grow 27.7% y-o-y to SAR 59.8 mn in 2Q 2025, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/?anId=88654&anCat=1&cs=4083&locale=en\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a>. Revenue was up 28.4% y-o-y at SAR 192.4 mn over the same period, driven by higher consumer finance returns.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>During 1H 2025<\/strong>, the subsidiary\u2019s 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>eXtra posted a 10.6% increase y-o-y in revenues to SAR 2.1 bn, while Tas\u2019Heel\u2019s were up 28.4% y-o-y<\/p>\n","protected":false},"author":1,"featured_media":98584,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2607],"tags":[2419,285,10,2452,1059,3323],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-98583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-capital-markets","tag-earnings-watch","tag-enterpriseam-ksa","tag-tadawul","tag-united-electronics-company-extra","tag-united-international-holding-company-uihc","wpautop","entry"],"acf":{"mongo_id":"b7e010ff-d5c7-4014-aa76-d3daf8dad99b","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/2559.jpg","photo_position":"above","homepage_title":"","full_issue_title":"eXtra\u2019s estimated net income up 17% to over SAR 120 mn in 2Q","related_issue":[98571],"teaser":"eXtra posted a 10.6% increase y-o-y in revenues to SAR 2.1 bn, while Tas\u2019Heel\u2019s were up 28.4% y-o-y","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.de654f7a-3ca6-4d61-950d-f867bd30e4f8.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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