United International Holding Co. (Tasheel), 67.8% owned by eXtra, reported a 26% rise in net profits to SAR 199.2 million in the first nine months of 2025, compared to SAR 158.1 million a year earlier.
Item | 9m 2024 | 9m 2025 | Change |
---|---|---|---|
Net income from finance commissions | 392.27 | 495.89 | 26.4 % |
Net Income | 158.13 | 199.17 | 26.0 % |
Average Shares | 25.00 | 25.00 | - |
Earnings Per Share before unusual items (Riyals) | 6.33 | 7.97 | 26.0 % |
EPS (Riyal) | 6.33 | 7.97 | 26.0 % |
The increase was driven by a 25.6% jump in revenue, reflecting a 29% expansion in Tasheel’s consumer financing portfolio.
This, in turn, led to a 36.4% increase in net profit, supported by a 3.6% rise in revenue.
The revenue growth was reflected in the gross profit (net income from Shariah-compliant financing contracts), which rose by 3.4%.
Item | Q3 2024 | Q3 2025 | Change |
---|---|---|---|
Net income from finance commissions | 140.69 | 174.02 | 23.7 % |
Net Income | 58.95 | 81.56 | 38.3 % |
Average Shares | 25.00 | 25.00 | - |
Earnings Per Share before unusual items (Riyal) | 2.36 | 3.26 | 38.3 % |
EPS (Riyal) | 2.36 | 3.26 | 38.3 % |
Item | Q2 2025 | Q3 2025 | Change |
---|---|---|---|
Net income from finance commissions | 168.30 | 174.02 | 3.4 % |
Net Income | 59.80 | 81.56 | 36.4 % |
Average Shares | 25.00 | 25.00 | - |
Earnings Per Share before unusual items (Riyal) | 2.39 | 3.26 | 36.4 % |
EPS (Riyal) | 2.39 | 3.26 | 36.4 % |
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