United International Holding (4083) Q1 2026 earnings summary

Executive summary

• Report covers the three-month period ended 31 March 2026, prepared in accordance with IAS 34 and reviewed by PwC, with no material misstatements identified.

• The group operates in consumer and product finance, with continued growth in Islamic credit cards and Tawarruq portfolios, while Murabaha portfolio is downsizing.

• Shares began trading on the Saudi Exchange in December 2024, and a proposed share capital increase is pending regulatory approval.

Financial highlights

• Net profit for the period was SAR 63.8 million, up from SAR 57.8 million year-over-year.

• Total income from Islamic financing contracts rose to SAR 204.6 million from SAR 174.7 million year-over-year.

• Earnings per share increased to SAR 2.58 from SAR 2.31 year-over-year.

• Total assets grew to SAR 3.31 billion from SAR 3.20 billion at year-end 2025.

• Cash and cash equivalents more than doubled to SAR 107.0 million from SAR 49.5 million at year-end 2025.

Outlook and guidance

• The group expects to complete the proposed share capital increase in 2026, subject to approvals.

• Management continues to monitor geopolitical risks and macroeconomic factors, with no material impact identified as of 31 March 2026.