United Electronics Company announced financial results for the third quarter and nine months ended September 30, 2017. For the quarter, the company's net profit was SAR 26.1 million against SAR 6.2 million for the same period last year. Operational profit was SAR 27.7 million against SAR 12 million for the same period last year. The decline in net profit is due to the decrease in sales in the current quarter compared with the previous quarter despite the decrease in selling, general and administrative expenses. For the nine months, the company's net profit was SAR 82.5 million against net loss of SAR 28.6 million for the same period last year. Operational profit was SAR 86.2 million against operating loss of SAR 20.5 million for the same period last year. earnings per share were SAR 1.96 per share against loss per share of SAR 0.68 per share for the same period last year. The increase in net profit due to increase in sales compared to the same quarter last year, which led to higher gross profit in addition to increasing the margin on some products and services. The achievement of 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 and decrease in selling, general and administrative expenses.