Stalprofil SA reported group and standalone earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported group net revenues from sale of products, goods and materials of PLN 216.63 million compared to PLN 160.55 million a year ago. Operating profit was PLN 11.7 million compared to PLN 9.21 million a year ago. Net operating profit was PLN 8.612 million compared to PLN 7.15 million a year ago. Net profit for shareholders of parent entity was PLN 6.8 million compared to PLN 6.86 million a year ago. Net cash flow from operating activity was PLN 42.95 million compared to net cash flow used in operating activity of PLN 23.7 million a year ago. Expenditure on the purchase of tangible fixed assets and intangible assets was PLN 20.82 million compared to PLN 6.71 million a year ago. For the year, the company reported group net revenues from sale of products, goods and materials of PLN 795.254 million compared to PLN 630.751 million a year ago. Operating profit was PLN 59.83 million compared to PLN 42.77 million a year ago. Net profit for shareholders of parent entity was PLN 37.02 million compared to PLN 29.72 million a year ago. Operating cash flow was PLN 47.59 million compared to PLN 11.5 million a year ago. Profit per one ordinary share was PLN 2.13 compared to PLN 1.70 a year ago. Net operating profit was PLN 44.97 million compared to PLN 30.1 million a year ago. Expenditure on the purchase of tangible fixed assets and intangible assets was PLN 47.94 million compared to PLN 14.71 million a year ago. For the quarter, the company reported standalone net revenues from sale of products, goods and materials of PLN 130.02 million compared to PLN 124.3 million a year ago. Operating profit was PLN 3.98 million compared to PLN 4.63 million a year ago. Net operating profit was PLN 3.93 million compared to PLN 2.59 million a year ago. Total comprehensive loss was PLN 1.99 million compared to total comprehensive income of PLN 2.59 million a year ago. Net cash flow from operating activity was PLN 22.59 million compared to net cash flow used in operating activity of PLN 4.14 million a year ago. Expenditure on the purchase of tangible fixed assets and intangible assets was PLN 1.08 million compared to PLN 2.53 million a year ago. For the year, the company reported standalone net revenues from sale of products, goods and materials of PLN 540.15 million compared to PLN 503.88 million a year ago. Operating profit was PLN 31.42 million compared to PLN 31.58 million a year ago. Net operating profit was PLN 24.25 million compared to PLN 22.803 million a year ago. Total comprehensive income was PLN 118.17 million compared to PLN 22.80 million a year ago. Profit per one ordinary share was PLN 1.39 compared to PLN 1.30 a year ago. Net cash flow from operating activity was PLN 28.42 million compared to PLN 22.16 million a year ago. Expenditure on the purchase of tangible fixed assets and intangible assets was PLN 2.896 million compared to PLN 3.02 million a year ago.