United Electronics Company announced estimated earnings for the second quarter and six months ended June 30, 2018. For the quarter, the company estimated net profit of SAR 45.6 million compared to SAR 43.4 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. Operational profit of SAR 50.1 million compared to SAR 44.5 million a year ago. The estimated total sales for the second quarter is SAR 1,015 million, compared to the same quarter last year SAR 1,014 million. The Total comprehensive income for the quarter amounted to SAR 45.6 million compared to the same quarter last year SAR 43.4 million an increase of 5.1% and SAR 25.6 million in previous quarter with increase 111%. For the six months, the company estimated 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 of SAR 75.4 million compared to SAR 58.5 million a year ago. The estimated total sales for the period is SAR 1,880 million, increased with 3.4% compared to the same period last year SAR 1,819 million. The Total comprehensive income for the period amounted to SAR 67.2 million compared to the same period last year SAR 56.4 million an increase of 19.2%.