China Carbon Graphite Group, Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported sales of $12.6 million compared to sales of $13.0 million in fourth quarter of 2010, a decrease of $0.4 million. EBIDTA was $3.2 million against $1.3 million a year ago. Net income was $1.1 million or $0.05 per diluted share against net loss of $0.4 million or $0.02 per diluted share a year ago. Adjusted net income was $1.5 million or or $0.06 per share against $0.03 million or $0.001 per share a year ago. For the year, the company reported sales of $49.8 against $31.0 million a year ago. Operating income before other income was $5.3 million against $2.4 million against a year ago. Net income available to common shareholders was $3.0 million or $0.13 per diluted share against $1.4 million or $0.06 per diluted share a year ago. Net cash used in operating activities was $8.2 million against $13.5 million a year ago. Acquisition of property and equipment was $5.7 million against $1 million a year ago. EBIDTA was $9.7 million against $5.0 million a year ago. Adjusted net income was $4.3 million or $0.19 per share against $2.3 million or $0.12 per share a year ago.