MNRB Holdings Bhd announced unaudited consolidated earnings results for the fourth quarter and year ended March 31, 2012. For the quarter, the company reported operating revenue of MYR 333,261,000 compared to MYR 362,411,000 a year ago. Net earned premium was MYR 248,601,000 compared to MYR 244,525,000 for the same period a year ago. Profit before zakat and tax was MYR 55,299,000 compared to MYR 56,137,000 for the same period a year ago. Net profit was MYR 41,749,000 or 19.6 sen per share compared to MYR 39,158,000 or 18.4 sen per share for the same period a year ago. For the year, the company reported operating revenue of MYR 1,431,891,000 compared to MYR 1,463,262,000 a year ago. The lower revenue was a result of the decrease in gross premium written by the reinsurance subsidiary. Net earned premium was MYR 972,446,000 compared to MYR 1,025,940,000 for the same period a year ago. Profit before zakat and tax was MYR 130,622,000 compared to MYR 164,952,000 for the same period a year ago. Net profit was MYR 92,418,000 or 43.4 sen per share compared to MYR 122,942,000 or 57.7 sen per share for the same period a year ago. Net cash used in operating activities was MYR 111,375,000 compared to net cash generated from operating activities was MYR 132,654,000 for the same period a year ago. Purchase of property, plant and equipment was MYR 10,938,000 compared to MYR 10,312,000 for the same period a year ago. Purchase of intangible assets was MYR 1,273,000 compared to MYR 2,945,000 for the same period a year ago. However, based on the current economic conditions, the group was expected to achieve good results for fiscal 2013, it added.