Lizhan Environmental Corp. announced unaudited consolidated earnings results for the fourth quarter and year ended September 30, 2011. For the quarter, the company reported net sales of $8.5 million compared to $11.7 million a year ago. Operating loss was $0.5 million compared to operating income of $1.7 million a year ago. Net loss was $0.3 million or $0.02 per share compared to net income of $1.8 million or $0.17 per share a year ago. The company generated loss due mainly to lower sales and higher expenses. For the year, the company reported net sales of $36,342,348 compared to $46,321,225 a year ago. Operating income was $1,303,429 compared to $8,396,879 a year ago. Income before income taxes was $1,836,940 compared to $9,070,229 a year ago. Net income attributable to the stockholders was $1,633,445 or $0.12 per basic and diluted common share compared to $8,186,107 or $0.74 per basic and diluted common share a year ago. Net cash used in operating activities was $8,640,035 compared to net cash provided by operating activities of $7,558,641 a year ago. Payment for purchase of plant and equipment was $9,396,509 compared to $16,034,735 a year ago.