Publisher: Maaal International Media Company
License: 465734
United Electronics Company (Extra) announced on Tuesday, April 08, that net profit for the first quarter of 2025 grew by 10.1%, reaching SAR 103.3 million, compared to SAR 93.8 million in the same period last year. The announcement followed the release of the company’s preliminary financial results for the three-month period ended March 31, 2025.
Operating profit rose to SAR 124.6 million, up 5% from SAR 118.6 million in Q1 2024.
Shareholders’ equity (excluding non-controlling interests) increased to SAR 1.5 billion, compared to SAR 1.2 billion a year earlier—a growth of 27.6%.
Earnings per share rose to SAR 1.29, compared to SAR 1.17 in the same period last year.
The company continues to strengthen its financial position, supported by improved profitability and strong equity growth.