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United Electronics Co. 2022 Annual Results

Revenue
SAR 4.77B
Net Profit
SAR 440M

United Electronics Co. (4003) reported full year 2022 revenue of SAR 4.77B, up 2.5% from SAR 4.65B in 2021. Net profit came in at SAR 440M, up 10.9% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 4.77BSAR 4.65B
Net ProfitSAR 440MSAR 397M
Gross ProfitSAR 1.27BSAR 1.18B
Net Margin9.2%8.5%
ROE38.6%40.0%
Total AssetsSAR 3.97BSAR 3.65B
Total EquitySAR 1.14BSAR 993M

Year on Year Comparison

Revenue increased by 2.5% compared to 2021. Net profit increased by 10.9%. Both revenue and profit grew — indicating expanding business.

Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2023-02-20.