Marco Holdings Berhad announced consolidated unaudited financial results for the first quarter ended March 31, 2012. For the quarter, the company reported revenue of MYR 25,944,000 compared to 34,686,000 for the same period a year ago. Profit from operations was MYR 3,496,000 against MYR 3,719,000 a year ago. Profit before taxation was MYR 3,675,000 against MYR 3,882,000 a year ago. Profit attributable to owners of the parent was MYR 2,814,000 against MYR 2,864,000 a year ago. Diluted earnings per share attributable to equity holders of the company were 0.33 sen against 0.34 sen a year ago. Net cash from operating activities was MYR 4,757,000 against MYR 5,574,000 a year ago. Purchase of property, plant and equipment was MYR 9,000 against MYR 75,000 a year ago. Net assets per share attributable to ordinary equity holders of the company were MYR 0.13. Revenue from the Group was affected by its timepiece business due to disruption of certain product supply as a result of the floods in Thailand that started at the end of 2011, impact on its bottom line was being cushioned by its local consumer information product business. Based on the still favorable economic outlook for Malaysia, the Board is confident that the performance of the Group will remain positive in 2012.