THT Heat Transfer Technology, Inc. announced audited consolidated earnings results for the fourth quarter and full year ended Dec. 31, 2013. For the quarter, sales revenue increased by 42.2% year-over-year to $39.3 million, exceeding the Company's previously stated guidance of $7 million to $9 million. Operating income increased by 55.6% year-over-year to $2.8 million. Net income attributable to common stockholders increased by 141.4% year-over-year to $1.7 million.

For the year, the company reported sales revenue of $71,836,000, operating income of $4,985,000, income before income taxes of $4,163,000, net income attributable to the equity stockholders of $3,055,000 or $0.1545 per basic and diluted share, net cash provided by operating activities of $2,893,000 compared to the sales revenue of $62,771,000, operating income of $5,316,000, income before income taxes of $3,879,000, net income attributable to the equity stockholders of $3,163,000 or $0.1496 per basic and diluted share, net cash provided by operating activities of $4,316,000 for the previous year

The company expected to generate net revenues in the range of $6 million to $7 million during the first quarter 2014, compared with $7.9 million in the same period of 2013.