The financial statements of the United Electronics Company (Extra) showed an increase in the company's net profit in the first nine months of this year by 51.7% year on year.
According to the company's results for the Saudi market (Tadawul), today, Monday, the profits for the period amounted to 270.81 million riyals, compared to profits of about 178.5 million riyals for the same period last year.< /p>
The company achieved a profit of 89.1 million riyals in the third quarter of this year, compared to a profit of 53.44 million riyals in the same period in 2020, an increase of 66.7%.
The company explained that the increase in profits during the comparison periods is due to an increase in revenues by 12.1%; Due to the increase in retail sales, in addition to the increase in the revenues of Extra services and the revenues of consumer finance services.
