China Internet Cafe Holdings Group, Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, net revenue increased 41% to $8.9 million, compared to $6.3 million in the fourth quarter of 2010. Revenue growth from locations opened at least one year was 1.3% and represented approximately $4.5 million in revenues. For the year, the company has posted revenue of $32.59 million against $20.460 million a year ago. Income from operations was $10.051 million against $8.00 million a year ago. EBIT was $12.29 million against $7.56 million a year ago. Net income was $9.50 million against $5.746 million a year ago. Net income attributable common stockholders were $9.260 million or $0.39 diluted per share against $5.74 million or $0.29 diluted per share a year ago. Net cash provided by operating activities was $15.715 million against $6.55 million a year ago. Purchase of property, plant and equipment was $7.47 million against $4.15 million a year ago. For the year 2012, the company expects revenue of $32.6 million to $50 million and net income of $9.5 million to $14 million. In 2012, the company expects to add 25 new cafes. This includes a mix between small and large depending on the demographics surrounding each location and potentially acquiring an internet cafe chain company.