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United International Holding Company – TAS’HEEL- announces the Estimated financial results for the period ending 31 March 2026 (Three Months)

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue205.22174.6517.503203.190.999
Gross Profit (Loss)180.58153.5717.588176.762.161
Operational Profit (Loss)71.5264.6910.55883.75-14.602
Net Profit (Loss) Attributable to Shareholders of the Issuer64.3457.8111.29574.48-13.614
Total Comprehensive Income Attributable to Shareholders of the Issuer64.3157.811.26273.13-12.06
All figures are in (Millions) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Shareholders Equity (after Deducting Minority Equity)1,461.281,170.4524.847
Profit (Loss) per Share2.572.31
All figures are in (Millions) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year isTas’heel reported a 17.5% increase in consumer finance revenues, reaching SAR 205.2 million compared to SAR 174.7 million in the same quarter last year. This performance was driven by the growth of the financing portfolio, which reached SAR 3.2 billion, up by 21%, reflecting strong demand across all financing products offered by the company.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year isTas’heel’s net profit increased by 11.3% during the current quarter compared to the same quarter last year, supported by a 17.5% growth in revenues. This revenue growth positively impacted gross profit (net income from Shariah-compliant financing contracts), which rose by 17.6%.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one isTas’heel’s financing portfolio grew by 1.6% compared to the previous quarter, leading to a 1.0% increase in current-quarter revenues versus the prior quarter.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one isTas’heel’s net profit decreased by 13.6% in the current quarter compared to the previous quarter, due to higher operating costs and higher provisions for expected credit losses.
Statement of the type of external auditor’s reportUnmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)These estimated financial results for the period ending March 31, 2026, have been prepared by the company’s management and have not been audited or reviewed by its external auditor.
Reclassification of Comparison ItemsNothing
Additional InformationNothing