TJT Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended September 30, 2012. The company incurred a net loss of $340,000, or $0.08 per diluted share, for the fourth quarter. Net sales decreased 57% to $821,000 in the final quarter of 2012 as compared to the same quarter in 2011.

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.