New Hoong Fatt Holdings Bhd reported unaudited consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported revenue of MYR 54,018,000 against MYR 53,710,000 a year ago. This was mainly due to higher demand for export sales during the quarter under review. Profit before tax was MYR 5,670,000 against MYR 7,809,000 a year ago. The decreased in profit was mainly due to increased in manufacturing and operating costs as well as higher foreign exchange loss. Profit attributable to owners of the parent was MYR 4,095,000 against MYR 7,082,000 a year ago. Basic earnings per share attributable to equity holders of the company was 5.45 sen against 9.42 sen a year ago. Net cash generated from operating activities was MYR 7,690,000 against MYR 12,543,000 a year ago. Purchase of property, plant and equipment was MYR 6,453,000 against MYR 6,243,000 a year ago. The Group is optimistic that it will continue its positive performance in the current financial year 2012.