Jewett-Cameron Trading Company Ltd. reported unaudited consolidated earnings results for the first quarter ended November 30, 2012. For the quarter, the company reported net income was $480,746, or $0.31 per basic and diluted share, on sales of $9,296,405, compared to net income of $64,033, or $0.03 per basic and diluted share, on sales of $7,240,610 for the same period last year. Income from operations was $772,385 and income before income taxes was $789,095 against income from operations of $162,936 and income before income taxes of $146,732 for the same period a year ago.

Net cash provided by operating activities was $59,200 and purchase of property, plant and equipment was $112,133 against net cash used by operating activities of $916,144 and purchase of property, plant and equipment of $12,813 a year ago. Purchase of intangible assets and other was nil against $4,550 for the same period a year ago. The increase in sales for the quarter was due to successful sales efforts to increase market share of existing products, as well as recent introduction of new pet containment products.