Nanning Sugar (000911) released its annual report today, the company achieved total operating revenue of 3.312 billion yuan in 2012, a year-on-year decrease of 21.59%; net profit attributable to shareholders of listed companies -3.1 billion yuan, the previous year profit of 86.081 million yuan; basic earnings per share -1.08 yuan. The company stated that in view of the large amount of company losses in 2012 and the undistributed profits at the end of the year being negative, the company's 2012 end-of-year distribution plan was drafted without profit distribution.