United International Holding Company (TAS'HEEL) announces the estimated financial results for the period ending on 30 June 2026 (Six Months)

TAS'HEEL reported a net profit of SAR 112.61 million for the first half of 2026, representing a 4.8% decline compared to the same period last year, while quarterly net profit fell more sharply by 20.3% YoY to SAR 48.22 million.
Total revenue for the six-month period grew 11.8% YoY to SAR 410.24 million, supported by a 13.6% expansion of the financing portfolio to SAR 3.2 billion, though quarterly revenue growth moderated to 6.5% YoY as portfolio levels remained flat sequentially.
The decline in bottom-line performance was primarily driven by slower growth in the financing portfolio due to prevailing market conditions and increased spending on operational capabilities to support the company’s long-term growth strategy.
Total shareholders' equity rose 22.6% YoY to SAR 1.51 billion, while earnings per share (EPS) reached SAR 1.56, reflecting adjustments following a capital increase approved by the extraordinary general assembly in May 2026.