Furniweb Industrial Products Bhd announced unaudited consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported revenues of MYR 20,715,000 compared with MYR 20,564,000 for the same period a year ago. Profit before tax was MYR 570,000 compared with MYR 976,000 for the same period a year ago. Profit attributable to owners of the company was MYR 385,000 or 0.43 sen per basic share compared with MYR 701,000 or 0.77 sen per basic share for the same period a year ago. Net cash from operating activities was MYR 206,000 compared with MYR 2,163,000 for the same period a year ago. Acquisition of property, plant and equipments was MYR 341,000 compared with MYR 743,000 for the same period a year ago. The company will continue to focus on its export markets for volume growth but the strength of its exports will depend very much on the performance of the respective economies during the year. The company is cautiously optimistic that by staying focused behind its core business strategies, barring any unforeseen circumstances, the group's performance for the 2012 will be satisfactory.