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United Electronics Company

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United Electronics Company
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United Electronics Company, known as 'eXtra', is a Saudi joint-stock company listed on the Saudi stock market 'Saudi Tadawul'. It was founded on January 1, 2002, and is headquartered in al-Khubar City. The company operates in the electronics and home appliances retail sector.

It was listed on 'Saudi Tadawul' on December 24, 2011, and its shares are traded on the main market within the consumer discretionary distribution and retail sector under the name 'eXtra', symbol (4003), and International Securities Identification Number (ISIN) (SA12U0RHUHH8). The company's capital is SAR800 million, as per the update on October 6, 2022.

Establishment

'EXtra' was established as a limited liability company on January 1, 2002, in the capital Riyadh, then the company's headquarters was transferred to al-Khubar City on April 19, 2003.

The company was converted into a Saudi joint-stock company by Ministerial Resolution No. Q/65, dated February 17, 2010. The company was registered in Commercial Register No. 2051029841 on July 27, 2004, in the city of al-Khubar.

Activity

The core activity of United Electronics Company "eXtra" includes retailing electronics, home appliances, communication devices, and related solutions and services. The main category and product list offered by eXtra includes: televisions, audio devices, computers, mobile phones, digital and audio recording devices, electronic gaming devices, and home appliances. In addition to the products and categories offered by eXtra, it also provides essential services such as delivery, installation, and value-added services like computer services, extended warranties, and educational information within its showrooms.