SinoHub Inc. (SIHI) reported that its fourth-quarter net loss attributable to shareholders was US$0.5 million, compared to net income of US$6.8 million in the fourth quarter of 2010.
Net loss per share was US$0.01, compared to net income of US$0.24 per share, in the fourth quarter of 2010.
Total net sales increased year-over-year to US$65.3 million in the fourth quarter of 2011 compared to US$58.5 million in the fourth quarter of 2010. The year-over-year increase was primarily attributable to record sales in the Company's ICM business segment during the fourth quarter of 2011.
The Company expects full-year 2012 revenue of approximately $200 million, compared to $196.2 million for the full-year 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.