Mieco Chipboard Bhd reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported revenue of MYR 85,022,000 compared to MYR 45,205,000 a year ago. Operating profit before finance cost, depreciation and amortisation, income tax and minority interests was MYR 8,850,000 compared to MYR 5,066,000 a year ago. Profit from operations was MYR 4,220,000 compared to MYR 193,000 a year ago. Profit before taxation was MYR 1,494,000 compared to loss before taxation of MYR 2,471,000 a year ago. Net profit attributable to the owners of the company was MYR 1,026,000 or 0.49 sen per basic share compared to net loss attributable to the owners of the company of MYR 2,514,000 or 1.20 sen per basic share a year ago. For the full year, the company reported revenue of MYR 301,221,000 compared to MYR 174,208,000 a year ago. Operating profit before finance cost, depreciation and amortisation, income tax and minority interests was MYR 35,700,000 compared to MYR 31,448,000 a year ago. Profit from operations was MYR 17,140,000 compared to MYR 12,294,000 a year ago. Profit before taxation was MYR 6,461,000 compared to MYR 1,645,000 a year ago. Net profit attributable to the owners of the company was MYR 6,425,000 or 3.06 sen per basic share compared to MYR 1,616,000 or 0.77 sen per basic share a year ago. Net cash flows from operating activities were MYR 25,505,000 compared to MYR 27,128,000 a year ago. Purchases of property, plant and equipment was MYR 8,361,000 compared to MYR 5,391,000 a year ago. The group is confident to achieve in the current financial year a comparable set of operating results to match that achieved in 2011.