Remak SA announced earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net loss of PLN 1,943,000 or PLN 0.65 diluted loss per ordinary share on net revenue on sales of products, trade goods and materials of PLN 95,255,000 compared to net profit of PLN 1,207,000 or PLN 0.40 diluted profit per share on net revenue on sales of products, trade goods and materials of PLN 34,035,000 of prior year period. Loss on sales was PLN 1,429,000 against profit on sales of PLN 837,000 for the same period last year. Operating profit was PLN 190,000 against PLN 1,246,000 for the same period a year ago. Net profit (annualized) was PLN 2,954,000 against PLN 3,715,000 of previous year period. Operating cash flows net indirect method were negative at PLN 12,141,000 against positive PLN 6,400,000 of prior year period.