United Gulf Investment Corporation B.S.C reported unaudited consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported subsidiary sales of BHD 11,444,440, net profit for the period before share of profit from investment in an associate of BHD 1,009,935, net profit for the period attributable to shareholders of the parent company of BHD 981,510 or 4.9 fils per basic and diluted share compared to the subsidiary sales of BHD 10,240,804, net profit for the period before share of profit from investment in an associate of BHD 80,847, net profit for the period attributable to shareholders of the parent company of BHD 113,632 or 0.6 fils per basic and diluted share for the same quarter year ago. Net cash provided by operating activities was BHD 1,226,647 compared to BHD 3,227,277 for the same quarter year ago. Purchase of property, plant and equipment was BHD 32,202 compared to the BHD 131 for the same quarter year ago.