United Electronics Company announced financial results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported a net profit of SAR 48.4 million compared to SAR 45.5 million for the same quarter in 2011, an increase of 6.4%. Total sales was SAR 726 million compared to SAR 651 million for the same quarter of last year, an increase of 11.6%. For the six months, the company reported total sales are SAR 1.35 billion compared to SAR 1.13 billion for the same period of 2011, an increase of 19.9%. Net profit is SAR 72.1 million compared to SAR 64.5 million for the same period of 2011, an increase of 11.8%. Earnings per share are SAR 3.01 compared with SAR 2.69 for the same period last year.