THT Heat Transfer Technology, Inc. announced unaudited consolidated earnings results for the third quarter ended September 30, 2015. For the quarter, the company reported sales revenue of $12,641,000 against $15,943,000 a year ago. The decrease was primarily due to the reduced orders of products and the decrease in unit selling price of products. Operating income was $175,000 against $2,809,000 a year ago. Income before income taxes was $125,000 against $2,548,000 a year ago. The decrease was mainly due to a decrease in gross profit. Net income was $129,000 or $0.01 basic and diluted per share against $2,048,000 or $0.10 basic and diluted per share a year ago. The decrease was due to the decrease in gross profit. Net cash used in operating activities was $5,630,000 against net cash provided by operating activities of $6,871,000 a year ago. The decrease in net cash used in operating activities was mainly attributable to decreased accounts payable; decreased net income; and less payments made for other payable and accrued expenses.

The company provided sales guidance for the fourth quarter of 2015. For the quarter, the company expects to generate sales revenue in the range of $10 million to $15 million compared with $24.2 million in the same period of 2014. This represents the company's preliminary view, and is subject to change.