The increase in “facilitation” profits to 59.8 million riyals in the second quarter of 2025

The profits of the United International Holding Company “Tasheel” increased in the second quarter of 2025 by 27.7% to 59.8 million riyals, compared to 46.8 million riyals in the same quarter of last year.
According to the company’s statement on Saudi Arabia’s circulation, the net profit increased, with the support of the growth of revenue, which recorded an increase of 28.4%.
The revenues were reflected positively on the total profit (net income from the financing contracts that are compatible with the law), which grew by 28.9%.
It should be noted that the percentage of net profit growth did not reflect the same percentage of the total profit growth, as a result of the high operational expenses and the increase in expected credit losses.
The net profit company increased by 3.4% during the current quarter compared to the previous quarter, with the support of revenue growth by 10.2%.
The revenues were reflected in the total profit (net income from the financing contracts compatible with Sharia), which recorded a 9.6% increase.
It should be noted that the percentage of net profit growth did not reflect the same percentage of the total profit growth, as a result of the high operational expenses and the increase in expected credit losses.
The net profit company increased by 18.6% compared to the same period last year, with the support of revenue growth by 26.9%.
The revenues were reflected in the total profit (net income from the financing contracts compatible with the law), which recorded an increase of 27.9%.
It should be noted that the percentage of net profit growth did not reflect the same percentage of the total profit growth, as a result of the high operational expenses and the increase in expected credit losses.