United Electronics Company announced the estimated financial results for the second quarter and six months ended June 30, 2017. For the quarter, the company expects net profit of SAR 43.4 million. The company expects operational profit of SAR 44.2 million. The estimated total sales is SAR 1,014 million. For the six months, the company expects net profit of SAR 56.4 million and operational profit of SAR 58.3 million. earnings per share of SAR 1.34. The estimated total sales is SAR 1,819 million The increase in net profit is 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 and decrease in selling, general and administrative expenses.