Rafamet S.A. reported earnings results for the first quarter of 2012. For the quarter, the company reported net sales of PLN 19,165,000, profit on sales of PLN 608,000, operating income (EBIT) of PLN 1,296,000, income before provision for income tax of PLN 1,296,000, net profit of PLN 999,000, EBITDA of PLN 2,439,000, total cash flows from operating activities of PLN 859,000, return on equity of 1.14%, return on assets of 0.67% and return on capital employed of 0.70%. Earnings per share was PLN 1.33. Book value was PLN 87,450,000.