TJT Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2012
For the year, the company reported total sales of $4,004,000 compared to $6,032,000 a year ago. Operating loss was $1,328,000 compared to $1,025,000 a year ago. Loss before taxes was $1,149,000 compared to $1,100,000 a year ago. Net loss was $1,149,000 or $0.25 per basic and diluted share compared to $1,103,000 or $0.24 per basic and diluted share a year ago. Net cash provided used in operating activities was $739,000 compared to net cash provided by operating activities of $147,000 a year ago. Purchases of property, plant and equipment were $563,000 compared to $138,000 a year ago.