Wowjoint Holdings Limited reported unaudited consolidated financial results for the fourth quarter and full year of 2012. For the quarter, the company reported total sales of $6.040 million against $4.011 million a year ago. Operating loss was $1.584 million against $0.100 million a year ago. Loss before tax was $1.543 million against $0.436 million a year ago. Net loss was $1.770 million against $0.376 million a year ago. Basis and diluted earnings per share was $0.20 against $0.05 a year ago.

For the year, the company reported total sales of $10.1 million, compared to $24.4 million reported for 2011. Operating loss was $4.308 million against operating income of $2.058 million a year ago. Loss before tax was $3.632 million against earnings before tax of $1.533 million a year ago. Net loss was $3.858 million or $0.46 per basis and diluted share against net income of $1.188 million or $0.15 per basis and diluted share a year ago. Net cash provided by operating activities was $4.720 million against $9.597 million a year ago. Purchase of property, plant and equipment was $4.314 million against $98,045 million a year ago. Purchases of Intangible Asset- Land was $2.125 million.