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مباشر
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Tasheel Q3 profit falls 82.3%
United International Holding Company (“Tasaheel”)’s net profit fell 82.3% in the third quarter of 2026 to SAR 14.42 million, compared with SAR 81.55 million in the same period of 2025. The company attributed the decline mainly to a SAR 69.7 million increase in impairment losses on financial assets. Revenue rose 3.34% to SAR 205.88 million, while gross profit increased 4.42% to SAR 181.71 million. The auditor’s report included a qualified conclusion, noting that changes to the write-off criteria for certain exposures resulted in an additional SAR 19.7 million in credit losses.
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