THT Heat Transfer Technology, Inc. announced unaudited consolidated earnings results for the second quarter ended June 30, 2015. For the quarter, the company reported sales revenue of $7,131,000 against $12,709,000 a year ago. The decrease was primarily attributable to lower sales revenue from all of the heat exchange products. Operating loss was $335,000 against income of $812,000 a year ago. Loss before income taxes was $290,000 against income of $941,000 a year ago. The decrease was mainly due to decrease in the sales revenue. Net loss was $273,000 or $0.01 basic and diluted per share against income of $928,000 or $0.05 basic and diluted per share a year ago. The decrease was due to the cumulative effect of the foregoing factors. Net cash used in operating activities was $3,141,000 against net cash provided by operating activities of $1,594,000 a year ago. The decrease in net cash used in operating activities was mainly attributable to (1) less in other payables and accrued expenses; (2) decrease of net income; and (3) offset by increase in trade receivables.

The company expects to generate sales revenue in the range of $9 million to $17 million in the third quarter of 2015, compared with $15.9 million in the same period of 2014.