United Electronics Company “eXtra” sales jump to SAR 1.8 billion in six months

Posted in

Extra's half-year sales rose to SAR 1.8 billion, equivalent to an increase of 12% compared to the same period last year 2016, while its profits exceeded SAR 56 million compared to a loss of SAR 35 million for the first half of last year.

The company attributed the achievement of these results to the company's approach in the past period to focus on providing added value to customers by offering the strongest possible promotions compared to its competitors. <The company attributed the reason behind achieving these results to the approach adopted by the company in the past period, which was to focus on providing added value to customers by offering the strongest possible promotional offers compared to its competitors in particular and the market in general and its focus on the best level of customer satisfaction, which contributed significantly to the increase in customer demand. In addition to its online platform, which is one of the first platforms launched in the Kingdom for a retailer and the easiest in terms of dealing and the strongest in terms of offers, it has contributed significantly to the increase in customer demand to buy from its 42 stores spread across the Kingdom, Bahrain and Oman, in addition to its online platform, which is one of the first platforms launched in the Kingdom for a retail company.

In a statement after the announcement of the results, Mr. Mohammed Jalal, CEO of the company, expressed his happiness to achieve these positive results, especially at this time when the Saudi market is witnessing an unprecedented transformation in line with the Kingdom's Vision 2030, and these results confirm the strength and durability of the Saudi market in particular and the Kingdom's economy in general.

Mr. Jalal expressed his delight in achieving these positive results.