eXtra Q2 Profit Falls 3.7% to SAR 102.6 Mln

Maaal: «Riyadh»Publish: 8 July 2026

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United Electronics Company (UEC) (eXtra) announced on Wednesday that it reported a 3.7% decline in net profit to SAR 102.6 million for the second quarter of 2026, compared with SAR 106.5 million in the same period last year, according to its preliminary condensed consolidated financial results for the six months ended June 30.

Gross profit rose 4% to SAR 473 million in the second quarter from SAR 455 million a year earlier.

For the first half of 2026, net profit increased 2.3% to SAR 197 million, compared with SAR 192.6 million in the corresponding period of 2025.

Earnings per share stood at SAR 1.38 for the current period, compared with SAR 1.39 a year earlier.