THT Heat Transfer Technology, Inc. Announces Audited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended Dec. 31, 2013 ; Provides Earnings Guidance for the First Quarter of 2014
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.