Timberwell Bhd reported unaudited consolidated earnings results for the first quarter ended March 31, 2012. For the period, the company reported revenue of MYR 3,023,000 against MYR 251,000 a year ago. Profit from operation was MYR 313,000 against loss from operation of MYR 1,611,000 a year ago. Profit before tax was MYR 71,000 against loss before tax of MYR 1,956,000 a year ago. Profit from continuing operation was MYR 71,000 against loss before tax of MYR 1,956,000 a year ago. Total comprehensive income attributable to owners of the parent was MYR 426,000 or 0.48 sen per basic share against total comprehensive loss attributable to owners of the parent of MYR 1,511,000 or 1.70 sen per basic share a year ago. Net cash generated from operating activities was MYR 2,543,000 against net cash used in operating activities of MYR 1,563,000 a year ago. Timber plantation development expenditure was MYR 138,000 against MYR 312,000 a year ago. The group expect the business to improve for the current financial year compared to previous year.