Tri-Tech Holding, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, total revenues were $18.1 million against $24 million last year. Loss from operations totaled $0.3 million against income from operations of $3.1 million last year. Loss before provision for income taxes was $0.9 million against income before provision for income taxes of $3 million last year. Net loss attributable to the shareholders was $0.7 million or $0.08 per basic and diluted share against net income attributable to the shareholders of $1.9 million or $0.24 per basic and diluted share last year.

For the nine months, total revenues were $60.4 million against $61.7 million last year. Income from operations totaled $2.8 million against income from operations of $8.6 million last year. Income before provision for income taxes was $2.5 million against income before provision for income taxes of $8.4 million last year. Net income attributable to the shareholders was $2.1 million or $0.26 per basic and diluted share against net income attributable to the shareholders of $5.4 million or $0.66 per diluted share last year. Net cash used in operating activities was $17 million against $15.2 million last year. Payment to purchase plant and equipment was $0.3 million against $0.3 million last year. Cash paid to acquire intangible asset was $0.04 million against $1.4 million last year.

Based on the performance in the third quarter of 2012 and the estimate for the fourth quarter, the company expects revenues to be around $80 million. Assuming the weighted average number of diluted shares remains the same, the company expects EPS to be around $0.04. These are the company's targets, not predictions of the actual performance. The foregoing statements regarding targets are forward-looking and actual results may differ materially.