Dragon Capital Group Corp. announced financial results for the first nine months ended September 30, 2012. For the period, the company reported revenue of $15.1 million as compared to $15.7 million recorded in of the same period of 2011.

While overall revenue narrowly declined in the first nine months of 2012, operating income improved to $319,000 up from $293,000 recorded in the comparable period of 2011. The improvement in operating income was largely the result of a reduction in selling expenses as well as general and administrative expenses. Net income attributable to company for the first nine months of 2012 was $143,000 as compared to a net loss of $1.5 million recorded in the first nine months of 2011.

In addition to the improvement in income from operations, the overall increase in net income was largely attributable to a $1.7 million loss recorded in the first nine months of 2011 on the sale of two subsidiary companies in January of 2011.