Zaklady Tluszczowe Kruszwica Spolka Akcyjna reported audited earnings results for the first quarter ended March 31, 2012. For the period, the company reported total revenue of PLN 700.598 million against PLN 534.850 a year ago. Operating profit was PLN 29.003 million against PLN 48.801 a year ago. Profit from continuing operations before tax was PLN 21.325 million against PLN 44.037 a year ago. Net profit was PLN 17.144 million against PLN 35.172 a year ago. Earnings per ordinary share were EUR 0.75 against EUR 1.53 a year ago. Net cash flows from operating activities were PLN 199.010 million against PLN 166.447 a year ago. Acquisition of intangible assets and property, plant and equipment was PLN 0.252 million. EBITDA was PLN 39.672 million against PLN 59.651 a year ago. ROA was 6.7% against 15.0% a year ago. ROE was 10.2% against 20.4% a year ago.