United Electronics Company announced earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported net profit of SAR 45.6 million compared to SAR 43.4 million a year ago. Operational profit was SAR 51.5 million compared to SAR 44.1 million a year ago. The increase of net profit due to increasing margins on some products and services. The total sales for the second quarter is SAR 1,015 million, increased with 0.1% compared to the same quarter last year of SAR 1,014 million. The Total comprehensive income for the quarter amounted to SAR 45.6 million compared to the same quarter last year of SAR 43.4 million an increase of 5.1% and SAR 21.6 million in previous quarter with increase 111%. For the six months, the company reported net profit of SAR 67.2 million or SAR 1.6 per share compared to SAR 56.4 million or SAR 1.34 per share a year ago. Operational profit was SAR 76.7 million compared to SAR 58.1 million a year ago. The increase in net profit due to increase in sales compared to the same period last year, which led to higher gross profit in addition to increasing the margin on some products and services. The total sales for the period is SAR 1,880 million, increased with 3.4% compared to the same period last year of SAR 1,819 million. The Total comprehensive income for the period amounted to SAR 67.2 million compared to the same period last year of SAR 56.4 million an increase of 19.1%.