Tianhe's 2011 sales of 16.2 billion US dollars increased 13% year-on-year

The TRW Group has announced the financial reports for the fourth quarter of 2011 and the full year of 2011, and announced its sales forecast for 2012.

In the fourth quarter of 2011, TRW sales reached US$4 billion, a year-on-year increase of 7%. According to the GAAP calculation, the diluted net profit per share for the fourth quarter of TRW is US$3.27. If certain special items are excluded, The diluted net profit per share for the fourth quarter was $1.84; the free cash flow in the fourth quarter was $341 million.

The total sales of TRW for 2011 were 16.2 billion U.S. dollars, a year-on-year increase of 13%; according to the GAAP GAAP calculation, the diluted net profit per share for 2011 was 8.82 U.S. dollars, excluding some special items. Diluted net profit was $7.42; free cash flow for the year was $549 million.

TRW expects sales in the first quarter of 2012 to reach US$4.1 billion. In 2012, sales were US$16 billion to US$16.4 billion.

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