Russian Sea Group reported group earnings results for the first quarter of 2012. For the quarter, the company's net profit was RUB 3.4 million compared to RUB 189.8 million in losses for the same period of 2011. The group's sales revenue was decreased by 14.3% to RUB 4 billion. EBITDA was RUB 38.8 million compared to EBITDA losses of RUB 115.6 million for the first quarter of 2011.