Baoji Titanium Industry Co., Ltd. (SSE) reported ￥0.001 per diluted share for the quarter ended September 30, 2012 and ￥0.003 per diluted share for the first three quarters of 2012, compared to ￥0.091 per diluted share for the quarter ended September 30, 2011 and ￥0.109 per diluted share for the first three quarters of 2011. The Company's net income was ￥2.00 million for the quarter ended September 30, 2012 and ￥10.72 million for the first three quarters of 2012, compared to ￥58.45 million for the quarter ended September 30, 2011 and ￥81.32 million for the first three quarters of 2011 . Operating income was ￥689.42 million for the quarter ended September 30, 2012 and ￥1.88 billion for the first three quarters of 2012, compared to ￥701.77 million for the quarter ended September 30, 2011 and ￥2.18 billion for the first three quarters of 2011.