China Bilingual Technology Education Group Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended May 31, 2012. Revenues increased 63.4% year-over-year to $10.2 million compared to $6.2 million for the three months ended May 31, 2012. The increase was primarily attributable to the acquisition of the Shanxi South School (formerly Shanxi Rising School), which increased the company's total enrollment from approximately 9,200 students to 13,881 students for the current school year, as well as a slight tuition increase. Net income and net income before income taxes was $2 million or $0.07 basic and diluted earnings per common share against net income and net income before income taxes of $2.7 million or $0.09 basic and diluted earnings per common share for the corresponding period of last year. EBITDA increased 71.5% year-over-year to $5.2 million, compared to $3.1 million for the three months ended May 31, 2011. Income from operations was $4 million against $2.7 million for the comparable period of last year. Revenues increased 72.5% year-over-year to $31.5 million compared to $18.3 million for the nine months ended May 31, 2011. The increase was primarily attributable to the acquisition of the Shanxi South School. Net income and net income before income taxes was $5.1 million or $0.17 basic and diluted earnings per common share against net income and net income before income taxes of $7.7 million or $0.26 basic and diluted earnings per common share for the same period last year. EBITDA increased 68.8% year-over-year to $14.5 million, compared to $8.6 million for the nine months ended May 31, 2011. Income from operations was $11.3 million against $7.6 million of prior year period. Net cash used in operating activities was $1.3 million against $4.5 million of prior year period. Fixed asset additions amounted to $283,275 against $315,935 of prior year period.