4003 fundamentals

United Electronics Co. engages in the business of wholesale and retail trading of electric appliances; electronic gadgets; computers, spare parts, and accessories; furniture; office equipment and tools; maintenance and repair services; third-party marketing; and consumer financing services. It operates through the following segments: Sales and Services; Consumer Finance; and Others. The Sales and Services includes retail, wholesale, E-commerce, installation, and repair services of electronic products, computers, smartphones and accessories, extended warranties, gift cards, and installment sales. The Consumer Finance segment is involved in consumer financing activities under Murabaha, Tawarruq, and Islamic credit card financing arrangements. The company was founded on April 1, 2002 and is headquartered in Khobar, Saudi Arabia.