United Electronics Company

Saudi Stock Exchange 4003.SR

United Electronics Company Gross Profit for the year ending December 31, 2023: USD 362.61 M

United Electronics Company Gross Profit is USD 362.61 M for the year ending December 31, 2023, a 7.89% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • United Electronics Company Gross Profit for the year ending December 31, 2022 was USD 336.10 M, a 6.76% change year over year.
  • United Electronics Company Gross Profit for the year ending December 31, 2021 was USD 314.83 M, a 13.82% change year over year.
  • United Electronics Company Gross Profit for the year ending December 31, 2020 was USD 276.60 M, a 15.31% change year over year.
  • United Electronics Company Gross Profit for the year ending December 31, 2019 was USD 239.87 M, a 15.59% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Saudi Stock Exchange: 4003.SR

United Electronics Company

CEO Mr. Mohamed Galal Ali Fahmy
IPO Date Aug. 25, 2012
Location Saudi Arabia
Headquarters PO Box 76688
Employees 2,620
Sector Consumer Staples
Industries
Description

United Electronics Company, together with its subsidiaries, engages in the wholesale and retail operations in the Kingdom of Saudi Arabia and internationally. The company operates in two segments, Retail/Whole Sales and Consumer Finance. It is involved in the wholesale and retail trade of electric appliances, electronic gadgets, computers and spare parts and accessories, furniture, medical supplies, and office equipment and tools, as well as offers installation, maintenance, repair, and warranty services. The company also establishes restaurants; and offers third-party marketing services, as well as drones. In addition, it sells video and audio media materials; imports and exports computer software and hardware; imports and exports electronic games; provides maintenance services for electric devices; and develops and manages personal properties. Further, the company is involved in the retail trading of non-customized software, household appliances, toys, games, satellites, and phones. Additionally, it engages in the wholesale trading of spare parts in electrical and digital devices, photocopy and fax machines, telephones, cell phones, video and electric games, digital pocket assistants, printers, and computer-related devices, as well as consumer finance business under the Tasheel brand name. As of April 25, 2022, the company operated 48 eXtra stores in Saudi Arabia and 53 in GCC countries. United Electronics Company was founded in 2002 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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