United Electronics Co (4003)

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News

12 January 12:08 PM extra closes 2025 with 5.5% higher profits; revenues cross SAR 7.4bn

Riyadh - Mubasher: The net profits attributable to the owners of United Electronics Company (eXtra) increased by 5.57% year-on-year (YoY) to SAR 493.80 million in 2025 from SAR 467.73 million. The revenues amounted to SAR 7.44 billion at the end …

Financial Results

7 October 2025 03:01 PM extra witnesses 11% hike in 9M-25 net profits

Riyadh - Mubasher: United Electronics Company (eXtra) generated net profits totaling SAR 395.12 million in the first nine months (9M) of 2025, higher by 10.74% than SAR 356.79 million in 9M-24. Revenues rose by 10.80% year-on-year (YoY) to SAR …

Financial Results

8 July 2025 06:18 PM eXtra posts 10.5% higher revenues in H1-25; profits near SAR 228m

Riyadh – Mubasher: United Electronics Company (eXtra) recorded net profits worth SAR 227.90 million in the first half (H1) of 2025, up 13.68% from SAR 200.47 million in H1-24. The sales hiked by 10.35% year-on-year (YoY) to SAR 3.86 billion in …

Financial Results

8 April 2025 00:39 PM eXtra logs SAR 103.5m profits in Q1-25

Riyadh – Mubasher: The net profits of United Electronics Company (eXtra) jumped by 10.12% year-on-year (YoY) to SAR 103.36 million in the first quarter (Q1) of 2025 from SAR 93.86 million. The revenues hit SAR 1.74 billion in the first three …

Financial Results

8 January 2025 02:06 PM eXtra sees 37% higher net profits in 2024

Riyadh – Mubasher: United Electronics Company (eXtra) posted 36.89% year-on-year (YoY) higher net profits at SAR 534.53 million in 2024, compared to SAR 390.46 million. The company recorded sales valued at SAR 6.78 billion as of 31 December 2024, …

Financial Results

5 December 2024 07:18 PM EFG Hermes concludes advisory on SAR 990m IPO for extra’s subsidiary

Cairo – Mubasher: EFG Hermes, a subsidiary of EFG Holding, advised United Electronics Company (eXtra), on the SAR 990 million initial public offering (IPO) of its subsidiary on the Saudi Exchange’s Main Market (Tadawul). United International …

Initial Public Offerings

21 October 2024 10:37 AM United International Holding to float shares on Tadawul

Riyadh – Mubasher: United International Holding Company (UIHC), a subsidiary of United Electronics Company (eXtra), plans to float 7.50 million shares, on the Saudi Exchange’s Main Market (Tadawul). The Capital Market Authority (CMA) greenlighted …

Trading Activities

8 October 2024 09:04 AM eXtra logs nearly SAR 357m profits in 9M-24 estimated results

Riyadh – Mubasher: United Electronics Company (eXtra) achieved a net profit worth SAR 356.70 million in the first nine months (9M) of 2024, an annual rise of 34.91% from SAR 264.38 million. The sales amounted to SAR 5.10 billion in the …

Financial Results

9 July 2024 09:44 AM eXtra sees 37% higher net profits in H1-24

Riyadh – Mubasher: United Electronics Company (eXtra) recorded 37.14% year-on-year (YoY) higher net profits at SAR 200.40 million in the first half (H1) of 2024, compared to SAR 146.12 million. The company’s revenues reached SAR 3.49 billion in …

Financial Results

1 July 2024 11:07 AM CMA greenlights IPO of extra’s unit

Riyadh – Mubasher: The Capital Market Authority (CMA) passed, on 29 June, the initial public offering (IPO) of United International Holding Company to float its shares on the Saudi Exchange (Tadawul). The firm, a subsidiary of United Electronics …

Trading Activities

14 May 2024 01:02 PM eXtra unveils 3 key appointments

Riyadh – Mubasher: United Electronics Company (eXtra) named Yousef Ali Zaid Al Quraishi as the board’s Chairman for the next three years. The Saudi firm also appointed Fozan Mohammed Ahmed Al Fozan as the Vice Chairman, according to a bourse …

Corporate Actions

17 April 2024 04:46 PM eXtra’s subsidiary to offer 30% of capital for Tadawul’s subscription

Riyadh – Mubasher: The shareholders of United Electronics Company (eXtra) agreed for the subsidiary United International Holding Company to offer shares on the Saudi Exchange (Tadawul), according to a bourse disclosure. The approval, which was …

General Assembly

16 April 2024 09:35 AM eXtra posts nearly SAR 94m net profits in Q1-24

Riyadh – Mubasher: The estimated net profits of United Electronics Company (eXtra) surged by 11.15% year-on-year (YoY) to SAR 93.86 million in the first quarter (Q1) of 2024 from SAR 84.44 million. The company’s revenues hit SAR 1.58 billion in …

Financial Results

7 March 2024 01:10 PM eXtra’s board nods to SAR 160m dividends for H2-23

Riyadh – Mubasher: The board of directors of United Electronics Company (eXtra) has approved the distribution of SAR 160 million, or SAR 2 per share, in cash dividends for the second half (H2) of 2023. The distribution date for the dividends will …

Cash Dividends

9 January 2024 01:59 PM eXtra’s profits down to SAR 390.5m in 2023

Riyadh – Mubasher: United Electronics Company (eXtra) posted an annual drop of 11.28% in net profit to SAR 390.49 million during 2023, compared to SAR 440.16 million. The listed firm generated revenues valued at SAR 6.19 billion as of 31 December …

Financial Results

31 December 2023 01:57 PM eXtra pens commercial alliance with Panda stores

Riyadh – Mubasher: United Electronics Company (eXtra) signed a 10-year commercial alliance with Panda Retail Company on 5 December 2023. eXtra will manage the electronics and home appliances department in Panda stores under the brand name Clix. …

Companies Investments

31 December 2023 00:38 PM eXtra announces IPO plans for subsidiary

Riyadh – Mubasher: United Electronics Company (eXtra) plans to conduct an initial public offering (IPO) for its subsidiary United International Holding Company, according to a bourse disclosure. The subsidiary owns United Company for Financial …

Initial Public Offerings

9 October 2023 10:12 AM eXtra’s net profits exceed SAR 264m in 9M-23

Riyadh – Mubasher: United Electronics Company (eXtra) generated SAR 264.38 million in net profit after Zakat and tax during the first nine months (9M) of 2023. The recorded net profits were lower by 17.09% year-on-year (YoY) than SAR 318.79 …

Financial Results

1 August 2023 00:28 PM eXtra to disburse SAR 120m cash dividends for H1-23

Riyadh – Mubasher: United Electronics Company (eXtra) decided to pay out cash dividends valued at SAR 120 million for the first half (H1) of 2023, according to a bourse disclosure. The Saudi firm will disburse a dividend of SAR 1.50 per share, …

Cash Dividends

10 July 2023 10:33 AM eXtra sees 35% lower profits in H1-23 estimated financials

Riyadh – Mubasher: The net profits after Zakat and tax of United Electronics Company (eXtra) reached SAR 146 million in the first half (H1) of 2023, down 35% from SAR 224.63 million in H1-22. The Saudi firm generated revenues standing at SAR 3.17 …

Financial Results

2 May 2023 00:42 PM Saudi eXtra halts expansion plans in Egypt

Riyadh – Mubasher: The board of United Electronics Company (eXtra) decided, on 30 April 2023, to discontinue the Saudi firm’s plans to scale up business in Egypt. The Tadawul-listed firm indicated that the negative financial impact of halting the …

Board of Directors

13 April 2023 11:11 AM eXtra announces lower profits in Q1-23, dividends for H2-22

Riyadh – Mubasher: United Electronics Company (eXtra) posted 13.44% lower net profits after Zakat and tax at SAR 84.40 million in the first quarter (Q1) of 2023, versus SAR 97.51 million in Q1-22. Revenues hit SAR 1.43 billion in the January-March …

Financial Results

10 January 2023 09:59 AM eXtra’s estimated profits cross SAR 440m in 2022

Riyadh – Mubasher: The estimated net profits after Zakat and tax of United Electronics Company (eXtra) increased by 10.93% to SAR 440.20 million in 2022, versus SAR 396.83 million a year earlier. During the 12-month period that ended on 31 …

Financial Results

10 October 2022 00:46 PM eXtra’s profits near SAR 319m in 9M-22 estimated results

Riyadh – Mubasher: United Electronics Company (eXtra) posted a 17.77% jump in net profit after Zakat and tax to SAR 318.80 million during the first nine months (9M) of 2022, versus SAR 270.69 million in the year-ago period. Revenues surged by …

Financial Results

6 October 2022 01:15 PM eXtra’s shareholders approve 33% capital hike

Riyadh – Mubasher: The shareholders of United Electronics Company (eXtra) agreed to increase its capital by SAR 200 million to SAR 800 million from SAR 600 million, according to a bourse filing. The 33.33% capital hike will be carried out by …

Management Decisions