PNE Industries Ltd. reported unaudited consolidated earnings results for the first half ended March 31, 2012. For the period, the company reported profit attributable to owners of the company of SGD 1.4 million or 0.41 cents per diluted share on revenue of SGD 44.0 million compared to SGD 0.8 million or 0.24 cents per diluted share on revenue of SGD 34.4 million for the same period of last year. Profit before tax was SGD 1.6 million compared to SGD 1.3 million for the same period of last year. Net cash from operating activities was SGD 4.1 million compared to SGD 7.7 million for the same period of last year. Purchase of property, plant and equipment was SGD 0.5 million compared to SGD 0.3 million for the same period of last year.