United Electronics Company (Extra) announces the Estimated financial results for the period ending on 30-09-2018 (NINE Months)

08 October 2018 08:02 AM

EXTRA 4003 2.52% 97.50 2.40

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	895	778	15.038	1,015	-11.822
Total Profit (Loss)	172.2	150.6	14.342	185.1	-6.969
Profit (Loss) Operational	34.1	28.1	21.352	51.5	-33.786
Net Profit (Loss) after Zakat and Tax	30.9	26.1	18.39	45.6	-32.236
Total Comprehensive Income	30.9	26.1	18.39	45.6	-32.236
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	2,775	2,597	6.854
Total Profit (Loss)	510.2	457.3	11.567
Profit (Loss) Operational	110.7	86.2	28.422
Net Profit (Loss) after Zakat and Tax	98.1	82.5	18.909
Total Comprehensive Income	98.1	82.5	18.909
Total Share Holders Equity (after deducting minority equity)	579.7	507.7	14.181
Profit (Loss) per Share	2	1.7
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year	The increase of net profit due to increasing in sales compare to same quarter last year.
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter	The decrease in net profit is due to decrease in sales in the current quarter compared with the previous quarter.
Reason for increase (decrease) in net profit for current period compared to the similar period of the previous year	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.
Type of the external auditor's opinion	Unmodified opinion
External auditor's report containing reservation	These estimated financial results for the period ended September 30, 2018 are prepared by the management of the Company and these results are not reviewed by the external auditors.
Reclassifications in quarter financial result	Some comparative figures have been reclassified to be consistent with the presentation of the current period.
Additional Information	Earning per Share for the previous year has been modified after approval of capital increase which has been approved on 18 Sep 2018 in the extraordinary General Assembly meeting.

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