(SeeNews) - Aug 16, 2012 - Brazil's sugar and ethanol maker Sao Martinho (SAO:SMTO3) announced a net profit of BRL 2.4 million (USD 1.2m/EUR 966,893) for the first quarter of fiscal year 2012/13, to end on March 31, 2013, versus a profit of BRL 37.9 million in the same period of the previous fiscal.