United Electronics Company reported earnings results for the first half of 2013. The company reported net profit of SAR 79.5 million for the first half of 2013, up from SAR 72.1 million a year ago. Earnings per share (EPS) stood at SAR 2.65 compared with SAR 2.4. The company attributed the increase in bottom-line figures to a rise in sales to SAR 1.695 billion from SAR 1.352 billion, as a result of an expansion in the company's sales network to 25 stores at end-June 2013 from 27 at the end of June 2012.

The company registered an operating profit of SAR 81.9 million for the first six months of 2013, up from SAR 74 million a year earlier.