- China Information Technology Inc. (CNIT: NASDAQ) announced that company operating revenue for the fourth quarter of 2012 decreased 5.9 percent year-on-year (YoY) to USD 29.4 million. Company net loss was USD 48.5 million, and adjusted net loss totaled USD 23.1 million.
- In 2012, company operating revenue decreased 24.6 percent YoY to USD 86.4 million. Company net loss was USD 89.6 million, and adjusted net loss totaled USD 46.8 million.
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