New World Resources Plc (NWR.L) posted a decline in its first-quarter 2012 pre-tax profit to 7.79 million euros from 10.64 million euros last year. However, profit attributable to the company's shareholders was 6.17 million euros, higher than 3.44 million euros a year ago.
Quarterly earnings per A share improved to 0.02 euros from 0.01 euros in the comparable period in 2011.
Revenues of 347 million euros, dropped 10%, compared with 385 million euros in the prior-year period, due mainly to decreased revenues from thermal coal and coke.
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