10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

(Amendment No. 1)

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended September 30, 2012

OR

[   ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Transition Period from ___ to ___

Commission File Number 1-14523

TRIO-TECH INTERNATIONAL

(Exact name of Registrant as specified in its Charter)

California	95-2086631
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification Number)
16139 Wyandotte Street
Van Nuys, California	91406
(Address of principal executive offices)	(Zip Code)

           Registrant's Telephone Number, Including Area Code:  818-787-7000

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X]   No [   ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X]   No [   ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer	[   ]	Accelerated Filer	[  ]
Non-Accelerated Filer	[   ]	Smaller Reporting Company	[X]

(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [   ]   No [X]

As of November 06, 2012, there were 3,321,555 shares of the issuer’s Common Stock, no par value, outstanding.

EXPLANATORY NOTE

This Amendment No. 1 on Form 10-Q/A (this "Amendment") amends the Quarterly Report on Form 10-Q of TrioTech International (the “Company”) for the period ended September 30, 2012, originally filed with the Securities and Exchange Commission on November 19, 2012 ("Original Filing"). This Amendment is being filed solely to furnish Exhibit 101 (XBRL (eXtensible Business Reporting Language) Interactive Data Files) which could not be timely filed due to transmission issues.

No other changes have been made in this Amendment to the Original Filing. This Amendment speaks as of the original date of the Original Filing, does not reflect events that may have occurred subsequent to the Original Filing date and does not modify or update in any way disclosures made in the Original Filing.  In addition, as required by Rule 12b-15 under the Securities and Exchange Act of 1934, as amended, new certifications of our principal executive officer and principal accounting officer are filed as exhibits to this Amendment.

PART II.  OTHER INFORMATION

Item 6.  Exhibits

3.1	Articles of Incorporation, as currently in effect (incorporated by reference to Exhibit 3.1 to the Registrant’s Annual Report on Form 10-K for June 30, 1988)
3.2	Bylaws, as currently in effect (incorporated by reference to Exhibit 3.2 to the Registrant’s Annual Report on Form 10-K for June 30, 1988)
31.1	Rule 13a-14(a) Certification of Principal Executive Officer of Registrant
31.2	Rule 13a-14(a) Certification of Principal Financial Officer of Registrant
32	Section 1350 Certification

101.INS*	XBRL Instance Document
101.SCH*	XBRL Taxonomy Extension Schema
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase
101.DEF*	XBRL Taxonomy Extension Definition Linkbase
101.LAB*	XBRL Taxonomy Extension Label Linkbase
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase

* Pursuant to Rule 406T of Regulation S-T, the XBRL (Extensible Business Reporting Language) information included in Exhibit 101 hereto is deemed furnished and not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, or deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

TRIO-TECH INTERNATIONAL
By:	/s/ Victor H.M. Ting
	Name:  VICTOR H.M. TING Vice President and Chief Financial Officer (Principal Financial Officer) Dated: November 19, 2012

EX-31.1

Exhibit 31.1

CERTIFICATIONS

I, S. W. Yong, certify that:

1.  I have reviewed this quarterly report on Form 10-Q/A of Trio-Tech International, a California corporation;

2.  Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.  Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.  The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:

 (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.  The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

 (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Dated:  November 19, 2012

/s/ S. W. Yong

Name: S. W. Yong

Chief Executive Officer and President (Principal Executive Officer)

EX-31.2

Exhibit 31.2

I, Victor H.M. Ting, certify that:

1.  I have reviewed this quarterly report on Form 10-Q/A of Trio-Tech International, a California corporation;

2.  Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.  Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.  The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:

 (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.  The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

 (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Dated:  November 19, 2012

/s/ Victor H.M. Ting

Name: Victor H.M. Ting

Chief Financial Officer and Vice President (Principal Financial Officer)

EX-32

Exhibit 32

SECTION 1350 CERTIFICATION

Each of the undersigned, S.W. Yong, President and Chief Executive Officer of Trio-Tech International, a California corporation (the “Company”), and Victor H.M. Ting, Vice President and Chief Financial Officer of the Company, do hereby certify, pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of his knowledge (1) the quarterly report on Form 10-Q/A of the Company for the three months ended September 30, 2012, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and (2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ S. W. Yong

Name:  S. W. Yong

Title:  President and Chief Executive Officer

Dated:  November 19, 2012

/s/  Victor H.M. Ting

Name:  Victor H.M. Ting

Title:  Vice President and Chief Financial Officer

Dated:  November 19, 2012

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

XML

FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 30, 2012

Fair Value Measurements Tables

Assets and liabilities that are measured at fair value on a recurring basis

The following table provides a summary of the assets and liabilities that are measured at fair value on a recurring basis as of September 30, 2012:

				Basis of Fair Value Measurements
	As of Sept.30, 2012 (Unaudited)			Quoted Prices in Active Markets for Identical Assets Level 1			Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3
Assets
Short-term deposits	$	253		$	253		$	--	$	--
Restricted term deposits	$	3,526		$	3,526		$	--	$	--
Total assets measured at fair value	$	38,270		$	38,270		$	--	$	--
Percentage of total assets		9.9	%		9.9	%		--		--

XML

8. INCOME TAX (Details Narrative) (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Income Tax Disclosure [Abstract]
Income Tax Expense Benefit	$ (124,000)	$ 37,000
Penalties or interest expenses	$ 0	$ 0

XML

4. STOCK OPTIONS (Details 3) (USD $)	3 Months Ended
	Sep. 30, 2012	Jun. 30, 2012	Jun. 30, 2011
Outstanding at July 1, 2012, Options			385,000
Granted, Options
Exercised, Options
Forfeited or expired, Options
Outstanding at September 30, 2012, Options		385,000
Exercisable at September 30, 2012, Options		385,000
Outstanding at July 1, 2012, Weighted- Average Exercise Price			$ 4.52
Granted, Weighted- Average Exercise Price
Exercised, Weighted- Average Exercise Price
Forfeited or expired, Weighted- Average Exercise Price
Outstanding at September 30, 2012, Weighted- Average Exercise Price		$ 4.52
Exercisable at September 30, 2012, Weighted- Average Exercise Price		$ 4.52
Outstanding at July 1, 2012, Weighted - Average Remaining Contractual Term (Years)			2 years 5 months 13 days
Granted, Weighted - Average Remaining Contractual Term (Years)	0 years
Exercised, Weighted - Average Remaining Contractual Term (Years)	0 years
Forfeited or expired, Weighted - Average Remaining Contractual Term (Years)	0 years
Outstanding at September 30, 2012, Weighted - Average Remaining Contractual Term (Years)		2 years 2 months 13 days
Exercisable at September 30, 2012, Weighted - Average Remaining Contractual Term (Years)		2 years 2 months 13 days
Outstanding at July 1, 2012, Aggregate Intrinsic Value
Granted, Aggregate Intrinsic Value
Exercised, Aggregate Intrinsic Value
Forfeited or expired, Aggregate Intrinsic Value
Outstanding at September 30, 2012, Aggregate Intrinsic Value
Exercisable at September 30, 2012, Aggregate Intrinsic Value

XML

19. BANK COVENANT VIOLATION (Details Narrative) (USD $)	Sep. 30, 2012
Notes to Financial Statements
Decrease in net worth	$ 9.79

XML

9. INVESTMENT PROPERTY IN CHINA (Details) (USD $)	Sep. 30, 2012	Jun. 30, 2012
Investment Amount (U.S. Dollars)	$ 1,807,000	$ 1,815,000
Gross investment in rental property	2,094
Accumulated depreciation on rental property	(287)
Net investment in property - China	1,807
RMB [Member]
Gross investment in rental property	13,179
Accumulated depreciation on rental property	(1,808)
Net investment in property - China	11,371
PurchaseOfRentalPropertyMaoYe [Member]
Investment Date	Jan. 04, 2008
Investment Amount (RMB)	5,554
Investment Amount (U.S. Dollars)	882
JiangHuai [Member]
Investment Date	Jan. 06, 2010
Investment Amount (RMB)	3,600
Investment Amount (U.S. Dollars)	4,025
FuLi [Member]
Investment Date	Jan. 04, 2012
Investment Amount (RMB)	572
Investment Amount (U.S. Dollars)	$ 640

XML

4. STOCK OPTIONS (Details 1) (USD $)	3 Months Ended
	Sep. 30, 2012	Jun. 30, 2012
Notes to Financial Statements
Outstanding at July 1, 2012, Options	313,000
Granted, Options
Exercised, Options
Forfeited or expired, Options	(3,000)
Outstanding at September 30, 2012, Options	310,000
Exercisable at September 30, 2012, Options	267,750
Outstanding at July 1, 2012, Weighted- Average Exercise Price	$ 3.85
Granted, Weighted- Average Exercise Price
Exercised, Weighted- Average Exercise Price
Forfeited or expired, Weighted- Average Exercise Price	$ (4.76)
Outstanding at September 30, 2012, Weighted- Average Exercise Price	$ 3.85
Exercisable at September 30, 2012, Weighted- Average Exercise Price	$ 3.77
Outstanding at July 1, 2012, Weighted - Average Remaining Contractual Term (Years)	2 years 3 months 22 days
Granted, Weighted - Average Remaining Contractual Term (Years)	0 years
Exercised, Weighted - Average Remaining Contractual Term (Years)	0 years
Forfeited or expired, Weighted - Average Remaining Contractual Term (Years)	2 years 10 months 17 days
Outstanding at September 30, 2012, Weighted - Average Remaining Contractual Term (Years)	2 years 0 months 18 days
Exercisable at September 30, 2012, Weighted - Average Remaining Contractual Term (Years)	1 year 10 months 21 days
Outstanding at July 1, 2012, Aggregate Intrinsic Value
Granted, Aggregate Intrinsic Value
Exercised, Aggregate Intrinsic Value
Forfeited or expired, Aggregate Intrinsic Value
Outstanding at September 30, 2012, Aggregate Intrinsic Value
Exercisable at September 30, 2012, Aggregate Intrinsic Value

XML

ACCOUNTS RECEIVABLE AND ALLOWANCE FOR DOUBTFUL ACCOUNTS (Tables)

3 Months Ended

Sep. 30, 2012

Accounts Receivable And Allowance For Doubtful Accounts Tables

Changes in the allowance for doubtful accounts

The following table represents the changes in the allowance for doubtful accounts:

	Sept. 30,
	2012					June 30,
	(Unaudited)					2012
Beginning balance		$	122		$	69
Additions charged to expenses			45			113
Recovered / write-off			(56	)		(59	)
Currency translation effect			3			(1	)
Ending balance		$	114		$	122

XML

10. LOAN RECEIVABLE FROM PROPERTY DEVELOPMENT PROJECTS (Details) (USD $)	Sep. 30, 2012
Net loan receivable from property development projects	$ 1,112
InvestmentInJiaSheng [Member]
Loan Date	2011-11-01
Net loan receivable from property development projects	794
InvestmentInJiangHuai [Member]
Loan Date	2011-11-01
Net loan receivable from property development projects	318
RMB [Member]
Net loan receivable from property development projects	7,000
RMB [Member] | InvestmentInJiaSheng [Member]
Net loan receivable from property development projects	5,000
RMB [Member] | InvestmentInJiangHuai [Member]
Net loan receivable from property development projects	$ 2,000

XML

20. ASSETS HELD FOR SALE (Details Narrative) (USD $)	Sep. 30, 2012	Jun. 30, 2012
Notes to Financial Statements
Assets held for sale, net book value	$ 135	$ 130

XML

BANK COVENANT VIOLATION

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 19 - BANK COVENANT VIOLATION

In the fourth quarter of fiscal year 2012, the Company’s Singapore subsidiary provided for the doubtful debts on the loan granted to one of the subsidiaries, resulting in a decrease in the net worth by an amount of approximately $ 1.25 million lower than the loan covenant of Singapore dollars 12 million or approximately $ 9.79 million, required by the financial institution. Hence, the Company did not satisfy the loan covenant. The bank has the option to recall the loan; however, management is in discussion with the financial institution for a waiver. A waiver has not been obtained as at the date of this report. The loan was already recorded as a current liability, as it matures within 12 months.

XML

5. EARNINGS PER SHARE (Details) (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Notes to Financial Statements
Loss attributable to Trio-Tech International common shareholders from continuing operations, net of tax	$ (17)	$ (803)
Loss attributable to Trio-Tech International common shareholders from discontinued operations, net of tax		(1)
Net loss attributable to Trio-Tech International common shareholders	$ (17)	$ (804)
Basic and diluted loss per share from continuing operations attributable to Trio-Tech International	$ (0.01)	$ (0.24)
Basic and diluted loss per share from discontinued operations attributable to Trio-Tech International
Basic and diluted loss per share from net loss attributable to Trio Tech International	$ (0.01)	$ (0.24)
Weighted average number of common shares outstanding basic	3,288	3,288
Dilutive effect of stock options
Number of shares used to compute earnings per share diluted	3,288	3,288

XML

LINE OF CREDIT (Tables)

3 Months Ended

Sep. 30, 2012

Line Of Credit Tables

Lines of credit

The Company’s credit rating provides it with readily and adequate access to funds in global markets. As of September 30, 2012, the Company has certain lines of credit that were collateralized by restricted deposits.

Entity with	Type of	Interest	Expiration		Credit		Unused
Facility	Facility	Rate	Date		Limitation		Credit
Trio-Tech Singapore	Line of Credit	With interest rates ranging from 1.77% to 6.04%	--	$	7,753	$	3,766

XML

BUSINESS SEGMENTS (Tables)

3 Months Ended

Sep. 30, 2012

Business Segments Tables

BUSINESS SEGMENTS

The following segment information is unaudited for the three months ended September 30, 2012 and 2011:

Business Segment Information:
	Three Months			Operating					Depr.
	Ended	Net		(Loss)			Total		and		Capital
	Sept. 30,	Revenue		Income			Assets		Amort.		Expenditures
Manufacturing	2012	$	5,292	$	(240	)	$	11,871	$	46	$	6
	2011		2,798		(315	)		8,004		57		4
Testing	2012		3,909		103			21,165		551		667
Services	2011		3,291		(342	)		20,718		562		453
Distribution	2012		344		48			321		1		-
	2011		318		21			282		1		-
Real Estate	2012		30		(64	)		4,055		27		-
	2011		47		(6	)		4,735		19		-
Fabrication	2012		172		(176	)		804		-		-
Services	2011		2,345		(187	)		2,596		47		6
Corporate &	2012		-		66			54		-		-
Unallocated	2011		-		(92	)		86		-		-
Total Company	2012	$	9,747	$	(262	)	$	38,270	$	625	$	673
	2011	$	8,799	$	(921	)	$	36,421	$	686	$	463

XML

6. ACCOUNTS RECEIVABLE AND ALLOWANCE FOR DOUBTFUL ACCOUNTS (Details) (USD $)	3 Months Ended	12 Months Ended
	Sep. 30, 2012	Jun. 30, 2012
Notes to Financial Statements
Beginning	$ 114	$ 122
Additions charged to expenses	113	45
Recovered	(59)	(56)
Currency translation effect	(1)	3
Ending	$ 122	$ 114

XML

16. DISCONTINUED OPERATION AND CORRESPONDING RESTRUCTURING PLAN (Details Narrative) (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
general and administrative expenses		$ 1
Outstanding balance of accounts payable	37
Outstanding balance of accounts receivable	1
RMB [Member]
Outstanding balance of accounts payable	233
Outstanding balance of accounts receivable	$ 5

XML

12. NON-CONTROLLING INTEREST (Details) (USD $)	3 Months Ended	12 Months Ended
	Sep. 30, 2012	Jun. 30, 2012
Notes to Financial Statements
Beginning balance	$ 1,720	$ 2,969
Net income/(loss)	(24)	(1,271)
Translation adjustment	122	(22)
Dividend declared by subsidiary	(39)
Ending balance	$ 1,779	$ 1,720

XML

4. STOCK OPTIONS (Details 2) (USD $)	3 Months Ended
	Sep. 30, 2012
Notes to Financial Statements
Non-vested at July 1, 2012, Options	43,250
Granted, Options
Vested, Options
Forfeited, Options	(1,000)
Non-vested at September 30, 2012, Options	42,250
Non-vested at July 1, 2012, Weighted-Average Grant-Date Fair Value	$ 3.29
Granted, Options, Weighted-Average Grant-Date Fair Value
Vested, Options, Weighted-Average Grant-Date Fair Value
Forfeited, Options, Weighted-Average Grant-Date Fair Value	$ 3.16
Non-vested at September 30, 2012, Options , Weighted-Average Grant-Date Fair Value	$ 3.29

XML

INVENTORIES

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 3- INVENTORIES

Inventories consisted of the following:

		Sept. 30,
		2012			June 30,
		(Unaudited)			2012
Raw materials	$		1,118		$	1,261
Work in progress			1,285			1,870
Finished goods			220			175
Less: provision for obsolete inventory			(898	)		(884	)
Currency translation effect			92			(98)
	$		1,817		$	2,324

 The following table represents the changes in provision for obsolete inventory:

	Sept. 30,
	2012			June 30,
	(Unaudited)			2012
Beginning	$	884		$	937
Additions charged to expenses		--			31
Usage - disposition		(3	)		(59	)
Currency translation effect		17			(25	)
Ending	$	898		$	884

XML

13. FAIR VALUE MEASUREMENTS (Details) (USD $)	Sep. 30, 2012
Short-term deposits	$ 253
Restricted term deposits	3,526
Total assets measured at fair value	38,270
Percentage of total assets	990.00%
Fair Value Inputs Level 1 [Member]
Short-term deposits	253
Restricted term deposits	3,526
Total assets measured at fair value	38,270
Percentage of total assets	990.00%
Fair Value Inputs Level 2 [Member]
Short-term deposits
Restricted term deposits
Total assets measured at fair value
Percentage of total assets
Fair Value Inputs Level 3 [Member]
Short-term deposits
Restricted term deposits
Total assets measured at fair value
Percentage of total assets

XML

1. ORGANIZATION AND BASIS OF PRESENTATION (Details)	Sep. 30, 2012
ExpressTestCorporationDormant [Member]
Ownership	100.00%
Location	Van Nuys, California
TrioTechReliabilityServicesDormant [Member]
Ownership	100.00%
Location	Van Nuys, California
KTSIncorporateddbaUniversalSystems [Member]
Ownership	100.00%
Location	Van Nuys, California
EuropeanElectronicTestCentre [Member]
Ownership	100.00%
Location	Dublin, Ireland
TrioTechInternationalPteLtd [Member]
Ownership	100.00%
Location	Singapore
UniversalFarEastPteLtd [Member]
Ownership	100.00%
Location	Singapore
TrioTechInternationalThailandCoLtd [Member]
Ownership	100.00%
Location	Bangkok, Thailand
TrioTechBangkokCoLtd [Member]
Ownership	100.00%
Location	Bangkok, Thailand
TrioTechMalaysiaSdnBhd [Member]
Ownership	55.00%
Location	Penang and Selangor, Malaysia
TriTechKualaLumpurSdnBhd [Member]
Ownership	55.00%
Location	Selangor, Malaysia
PrestalEnterpriseSdnBhd [Member]
Ownership	76.00%
Location	Selangor, Malaysia
TrioTechSuzhouCoLtd [Member]
Ownership	100.00%
Location	Suzhou, China
TrioTechShanghaiCoLtd [Member]
Ownership	100.00%
Location	Shanghai, China
TrioTechChongqingCoLtd [Member]
Ownership	100.00%
Location	Chongqing, China
SHIInternationalPteLtd [Member]
Ownership	55.00%
Location	Singapore
PTSHIIndonesia100ownedbySHIInternationalPteLtd [Member]
Ownership	55.00%
Location	Batam, Indonesia
TrioTechTianjinCoLtd [Member]
Ownership	100.00%
Location	Tianjin, China

XML

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Sep. 30, 2012

Basis Of Presentation And Summary Of Significant Accounting Policies Tables

Basis of Presentation and Principles of Consolidation

	Ownership	Location
Express Test Corporation (Dormant)	100%	Van Nuys, California
Trio-Tech Reliability Services (Dormant)	100%	Van Nuys, California
KTS Incorporated, dba Universal Systems (Dormant)	100%	Van Nuys, California
European Electronic Test Centre (Dormant)	100%	Dublin, Ireland
Trio-Tech International Pte. Ltd.	100%	Singapore
Universal (Far East) Pte. Ltd.  *	100%	Singapore
Trio-Tech International (Thailand) Co. Ltd.*	100%	Bangkok, Thailand
Trio-Tech (Bangkok) Co. Ltd.	100%	Bangkok, Thailand
(49% owned by Trio-Tech International Pte. Ltd. and 51% owned by Trio-Tech International (Thailand) Co. Ltd.)
Trio-Tech (Malaysia) Sdn. Bhd. (55% owned by Trio-Tech International Pte. Ltd.)	55%	Penang and Selangor, Malaysia
Trio-Tech (Kuala Lumpur) Sdn. Bhd.	55%	Selangor, Malaysia
(100% owned by Trio-Tech Malaysia Sdn. Bhd.)
Prestal Enterprise Sdn. Bhd.	76%	Selangor, Malaysia
(76% owned by Trio-Tech International Pte. Ltd.)
Trio-Tech (Suzhou) Co. Ltd. *	100%	Suzhou, China
Trio-Tech (Shanghai) Co. Ltd. * (Dormant)	100%	Shanghai, China
Trio-Tech (Chongqing) Co. Ltd. *	100%	Chongqing, China
SHI International Pte. Ltd. (55% owned by Trio-Tech International Pte. Ltd)	55%	Singapore
PT SHI Indonesia (100% owned by SHI International Pte. Ltd.)	55%	Batam, Indonesia
Trio-Tech (Tianjin) Co. Ltd. *	100%	Tianjin, China

 * 100% owned by Trio-Tech International Pte. Ltd.

XML

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

3 Months Ended

Sep. 30, 2012

Basis Of Presentation And Summary Of Significant Accounting Policies Policies

Foreign Currency Matters

Under the provisions of ASC Topic 830, Foreign Currency Matters, translation adjustments that result when a foreign entity’s financial statements are translated into a parent company’s or an investor’s reporting currency are separately reported in the parent company’s other comprehensive income.  Foreign currency translation adjustments that are accumulated in other comprehensive income are reclassified to income only when they are realized, if the investment in the foreign entity is sold or is substantially or completely liquidated.  The foreign currency translation adjustments on the balance sheet of the Shanghai, China subsidiary as of September 30, 2012 were insignificant.

Property, Plant and Equipment & Investment Property

During the third quarter of fiscal 2011, Trio-Tech (Malaysia) Sdn. Bhd. (“TTM”), a 55% owned subsidiary of the Registrant, planned to sell its factory building in Penang, Malaysia, which was being used as its testing facility before it moved its entire operations to Petaling Jaya, Malaysia. The Malaysia operation ceased the depreciation of that property in accordance with ASC Topic 360 Property, Plant and Equipment.

The asset is available for immediate sale in its present condition subject only to terms that are usual and customary for sales of such assets.

Accordingly, the Company believes that the assets held for sale should be classified as current assets and that the fair value of this property, less cost to sell, is higher than its book value. The asset held for sale was recorded at a net book value of $135 in accordance with ASC Topic 360 Property, Plant and Equipment, as compared to the net book value of $ 130 as at June 30, 2012.

Income Tax

The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of ASC Topic 740 Income Taxes. The income tax benefit was $124 for the three months ended September 30, 2012 as compared to the income tax expenses of $37 for the three months ended September 30, 2011.

Cost Method

In accordance with ASC Topic 323 Investments – Other, Cost Method Investments, ‘‘Investment in unconsolidated joint venture’’ as shown on the Company’s Balance Sheet consists of the cost of an investment in Chong Qing Jun Zhou Zhi Ye Co. Ltd., in which the Company has a 10.00% interest. Prior to the first quarter of fiscal 2012, the Company’s ownership in this China affiliate was recorded on the equity basis.

Statement of Shareholders Equity

The Company adopted ASC Topic 215, Statement of Shareholders Equity. Basic EPS are computed by dividing net income available to common shareholders (numerator) by the weighted average number of common shares outstanding (denominator) during the period. Diluted EPS give effect to all dilutive potential common shares outstanding during a period. In computing diluted EPS, the average price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options and warrants.

Consolidation

In accordance with the provisions of ASC Topic 810 Consolidation, the Company has classified the non-controlling interest as a component of stockholders’ equity in the accompanying condensed consolidated balance sheets. Additionally, the Company has presented the net income attributable to the Company and the non-controlling ownership interests separately in the accompanying condensed consolidated financial statements.

Fair Value Measurements and Disclosures

ASC Topic 820 Fair Value Measurements and Disclosures provides enhanced guidance for using fair value to measure assets and liabilities.  Under the standard, fair value refers to the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between participants in the market in which the reporting entity transacts its business.  ASC Topic 820 clarifies the principle that fair value should be based on the assumptions market participants would use when pricing the asset or liability.  In support of this principle, ASC Topic 820 establishes a fair value hierarchy that prioritizes the information used to develop those assumptions.  Under the standard, fair value measurements would be separately disclosed by level within the fair value hierarchy.  

Presentation of Financial Statement Discontinued Operations

The Company’s Shanghai subsidiary, as a component of the Testing segment, suffered continued operating losses for three consecutive fiscal years and the cash flow was minimal for three consecutive years.  In January 2010, the Company established a restructuring plan to close the Testing operation in Shanghai, China.  Based on the restructuring plan and in accordance with ASC Topic 205-20, Presentation of Financial Statement Discontinued Operations, the Company presented the operation results from Shanghai as a discontinued operation, as the Company believed that no continued cash flow would be generated by the disposed component (Shanghai subsidiary and that the Company would have no significant continuing involvement in the operation of the discontinued component In accordance with the restructuring plan, before moving out of the Company will be required to pay the outstanding balance of accounts payable of RMB 233, or approximately $37 based on the exchange rate as on September 30, 2012 published by the Monetary Authority of Singapore.

Investments Other, Cost Method Investments

In accordance with ASC Topic 323 Investments – Other, Cost Method Investments, ‘‘Investment in unconsolidated joint venture’’ as shown on the Company’s Balance Sheet consists of the cost of an investment in Chong Qing Jun Zhou Zhi Ye Co. Ltd., in which the Company has a 10.00% interest. Prior to the first quarter of fiscal 2012, the Company’s ownership in this China affiliate was recorded on the equity basis.

Disclosure for Variable Interest Entities

In accordance with ASC Topic 810-10-50, Disclosure for Variable Interest Entities, the Company analyzed its investments in the joint ventures to determine if the joint venture is a variable interest entity (“VIE”) and will require consolidation. The Company (a) evaluates the sufficiency of the total equity at risk, (b) reviews the voting rights and decision-making authority of the equity investment holders as a group, and whether there are any guaranteed returns, protection against losses, or capping of residual returns within the group, and (c) establishes whether activities within the venture are on behalf of an investor with disproportionately few voting rights in making this VIE determination. The Company would consolidate a venture that is determined to be a VIE if it was the primary beneficiary. The primary beneficiary of a VIE is determined, a primarily qualitative approach whereby the variable interest holder, if any, has the power to direct the VIE’s most significant activities and is the primary beneficiary. The Company has determined that the investment is a VIE, however the Company is not the primary beneficiary.  Therefore, the Company does not consolidate the joint venture and it is accounted for using the cost method, since there is no significant influence.

XML

9. INVESTMENT PROPERTY IN CHINA (Details Narrative) (USD $)	3 Months Ended			12 Months Ended	3 Months Ended	12 Months Ended	3 Months Ended	12 Months Ended	3 Months Ended	12 Months Ended	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012 PurchaseOfRentalPropertyMaoYe [Member]	Jun. 30, 2012 PurchaseOfRentalPropertyMaoYe [Member]	Sep. 30, 2012 PurchaseOfRentalPropertyMaoYe [Member] RMB [Member]	Jun. 30, 2012 PurchaseOfRentalPropertyMaoYe [Member] RMB [Member]	Sep. 30, 2012 PurchaseOfRentalPropertyJiangHuai [Member]	Jun. 30, 2012 PurchaseOfRentalPropertyJiangHuai [Member]	Sep. 30, 2012 PurchaseOfRentalPropertyJiangHuai [Member] RMB [Member]	Jun. 30, 2012 PurchaseOfRentalPropertyJiangHuai [Member] RMB [Member]	Sep. 30, 2012 PurchaseOfRentalPropertyFuli [Member]	Sep. 30, 2012 PurchaseOfRentalPropertyFuli [Member] RMB [Member]
Rental income			$ 21	$ 19	$ 134	$ 124	$ 0	$ 28	$ 0	$ 180	$ 9	$ 57
Total rental income for the investment properties in China	30	47
Depreciation expenses	$ 26	$ 18

XML

3. INVENTORIES (Details) (USD $)	Sep. 30, 2012	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Notes to Financial Statements
Raw materials	$ 1,118	$ 1,261
Work in progress	1,285	1,870
Finished goods	220	175
Less: provision for obsolete inventory	898,000	884,000	884	937
Currency translation effect	92	(98)
Inventory net	$ 1,817	$ 2,324

XML

INVENTORIES (Tables)

3 Months Ended

Sep. 30, 2012

Inventories Tables

Inventories

Inventories consisted of the following:

		Sept. 30,
		2012			June 30,
		(Unaudited)			2012
Raw materials	$		1,118		$	1,261
Work in progress			1,285			1,870
Finished goods			220			175
Less: provision for obsolete inventory			(898	)		(884	)
Currency translation effect			92			(98)
	$		1,817		$	2,324

Changes in provision for obsolete inventory

The following table represents the changes in provision for obsolete inventory:

	Sept. 30,
	2012			June 30,
	(Unaudited)			2012
Beginning	$	884		$	937
Additions charged to expenses		--			31
Usage - disposition		(3	)		(59	)
Currency translation effect		17			(25	)
Ending	$	898		$	884

XML

STOCK OPTIONS (Tables)

3 Months Ended

Sep. 30, 2012

Fair value for the options granted

A summary of option activities under the 2007 Employee Plan during the three month period ended September 30, 2012 is presented as follows:

	Options			Weighted- Average Exercise Price			Weighted - Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2012		313,000		$	3.85			2.31	$	-
Granted		-		$	-			-		-
Exercised		-			-			-		-
Forfeited or expired		(3,000	)		(4.76	)		2.88		-
Outstanding at September 30, 2012		310,000		$	3.85			2.05	$	-
Exercisable at September 30, 2012		267,750		$	3.77			1.86	$	-

Option activities

A summary of the status of the Company’s non-vested employee stock options during the three months ended September 30, 2012 is presented below:

				Weighted-Average Grant-Date
	Options			Fair Value
Non-vested at July 1, 2012		43,250		$	3.29
Granted		-			-
Vested		-			-
Forfeited		(1,000	)		3.16
Non-vested at September 30, 2012		42,250		$	3.29

Companys non-vested employee stock options

A summary of option activities under the 2007 Directors Plan during the three months ended September 30, 2012 is presented as follows:

	Options		Weighted- Average Exercise Price		Weighted - Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2012		385,000	$	4.52		2.45	$	-
Granted		-		-		-		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at September 30, 2012		385,000	$	4.52		2.20	$	-
Exercisable at September 30, 2012		385,000	$	4.52		2.20	$	-

XML

NEW ACCOUNTING PRONOUNCEMENTS

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 2 - NEW ACCOUNTING PRONOUNCEMENTS

New pronouncements issued but not yet effective until after September 30, 2012 are not expected to have a significant effect on the Company’s consolidated financial position or results of operations.

XML

EARNINGS PER SHARE (Tables)

3 Months Ended

Sep. 30, 2012

Earnings Per Share Tables

Reconciliation of the weighted average shares

The following table is a reconciliation of the weighted average shares used in the computation of basic and diluted EPS for the periods presented herein:

	Three Months Ended
	September 30,			September 30,
	2012			2011
	(Unaudited)			(Unaudited)
Loss attributable to Trio-Tech International common shareholders from continuing operations, net of tax	$	(17	)	$	(803	)
Loss attributable to Trio-Tech International common shareholders from discontinued operations, net of tax		--			(1	)
Net loss attributable to Trio-Tech International common shareholders	$	(17	)	$	(804	)
Basic and diluted loss per share from continuing operations attributable to Trio-Tech International		(0.01	)		(0.24	)
Basic and diluted loss per share from discontinued operations attributable to Trio-Tech International		--			--
Basic and diluted loss per share from net loss attributable to Trio-Tech International	$	(0.01	)	$	(0.24	)
Weighted average number of common shares outstanding - basic		3,288			3,288
Dilutive effect of stock options		-			-
Number of shares used to compute earnings per share - diluted		3,288			3,288

XML

BANK LOANS PAYABLE (Tables)

3 Months Ended

Sep. 30, 2012

Bank Loans Payable Tables

Bank loans payable

Bank loans payable consisted of the following:

	Sept. 30, 2012 (Unaudited)			June 30, 2012
Note payable denominated in Malaysian ringgit to a commercial bank for infrastructure investment, maturing in August 2024, bearing interest at the bank’s prime rate (effective interest approximately 5.10% at September 30, 2012) per annum, with monthly payments of principal plus interest of $ 23 through August 2024, collateralized by the acquired building with net book value of RM 12,370 or approximately $ 4,033.		2,699			2,629
Note payable denominated in U.S. dollars to a financial institution for working capital plans in Singapore and its subsidiaries, maturing in December 2014, bearing interest at the bank’s cost of fund plus 1.50% (effective interest approximately 5.02% at September, 2012) with monthly payments of principal plus interest of $ 58 through December 2014. This note payable is secured by plant and equipment with the net book value of Singapore dollar $ 1,013 or approximately $ 827.		1,354			1,510
Current portion		(784	)		(766	)
Long term portion of bank loans payable	$	3,269		$	3,373

Future minimum payments

Future minimum payments (excluding interest) as at September 30, 2012 were as follows:

2013	$	784
2014		792
2015		237
2016		169
2017		178
Thereafter		1,893
Total obligations and commitments	$	4,053

XML

7. WARRANTY ACCRUAL (Details) (USD $)	3 Months Ended	12 Months Ended
	Sep. 30, 2012	Jun. 30, 2012
Notes to Financial Statements
Beginning	$ 60	$ 29
Additions charged to cost and expenses	3	32
Recovered
Actual usage
Currency translation effect	2	(1)
EndingE Ending	$ 65	$ 60

XML

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2012	Jun. 30, 2012
ASSETS
Cash & cash equivalent	$ 2,088,000	$ 1,572,000
Short-term deposits	253,000	250,000
Trade accounts receivable, net of allowance for doubtful accounts of $114 and $122	11,036,000	11,311,000
Other receivables	720,000	962,000
Loan receivables from property development projects	1,112,000	1,101,000
Inventories, net of provision for obsolete inventory of $898 and $884	1,817,000	2,324,000
Prepaid expenses and other current assets	480,000	406,000
Assets held for sale	135,000	130,000
Total current assets	17,641,000	18,056,000
INVESTMENT	773,000	765,000
INVESTMENT PROPERTY IN CHINA, Net	1,807,000	1,815,000
PROPERTY, PLANT AND EQUIPMENT, Net	13,690,000	13,193,000
OTHER ASSETS	832,000	776,000
RESTRICTED TERM DEPOSITS	3,527,000	3,445,000
TOTAL ASSETS	38,270,000	38,050,000
LIABILITIES
Lines of credit	4,887,000	3,605,000
Accounts payable	3,658,000	4,834,000
Accrued expenses	2,886,000	3,011,000
Income taxes payable	468,000	469,000
Current portion of bank loans payable	784,000	766,000
Current portion of capital leases	176,000	175,000
Total current liabilities	12,859,000	12,860,000
BANK LOANS PAYABLE, net of current portion	3,269,000	3,373,000
CAPITAL LEASES, net of current portion	192,000	221,000
DEFERRED TAX LIABILITIES	363,000	497,000
OTHER NON-CURRENT LIABILITIES	545,000	543,000
TOTAL LIABILITIES	17,228,000	17,494,000
COMMITMENT AND CONTINGENCIES
TRIO-TECH INTERNATIONAL'S SHAREHOLDERS' EQUITY:
Common stock, no par value, 15,000,000 shares authorized; 3,321,555 shares issued and outstanding as at September 30, 2012 and June 30, 2012, respectively	10,531,000	10,531,000
Paid-in capital	2,442,000	2,431,000
Accumulated retained earnings	2,670,000	2,687,000
Accumulated other comprehensive gain-translation adjustments	3,620,000	3,187,000
Total Trio-Tech International shareholders' equity	19,263,000	18,836,000
NON-CONTROLLING INTEREST	1,779,000	1,720,000
TOTAL EQUITY	21,042,000	20,556,000
TOTAL LIABILITIES AND EQUITY	$ 38,270,000	$ 38,050,000

XML

3. INVENTORIES (Details 1) (USD $)	3 Months Ended	12 Months Ended
	Sep. 30, 2012	Jun. 30, 2011
Notes to Financial Statements
Beginning	$ 884,000	$ 937
Additions charged to expenses		31
Usage - disposition	(3)	(59)
Currency translation effect	17	(25)
Ending	$ 898,000	$ 884

XML

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Cash Flow from Operating Activities
Net loss	$ (41)	$ (987)
Depreciation and amortization	625	686
Bad debt recovery, net	(11)	(22)
Inventory provision		5
Warranty expense, net	3	12
Accrued interest expense, net of interest income	49	54
(Gain) / Loss on sale of property-continued operations	(3)	4
Stock compensation	11	42
Deferred tax provision	(150)	(18)
Loss in equity of unconsolidated joint venture		11
Changes in operating assets and liabilities, net of acquisition effects
Accounts receivables, net	414	(237)
Other receivables	264	(1,099)
Other assets	(39)	(308)
Inventories	573	15
Prepaid expenses and other current assets	(63)	(28)
Accounts payable and accrued liabilities	(1,513)	1,369
Income tax payable	13	3
Other non-current liabilities	(267)
Net Cash Used In in Operating Activities	(135)	(498)
Cash Flow from Investing Activities
Proceeds from maturing of unrestricted and restricted term deposits, net	56	3
Additions to property, plant and equipment	(673)	(463)
Proceeds from disposal of plant, property and equipment	3
Net Cash Used in Investing Activities	(614)	(460)
Cash Flow from Financing Activities
Borrowing on lines of credit, net	1,387	617
Repayment of bank loans and capital leases	(24)	(115)
Net Cash Provided by Financing Activities	1,363	502
Effect of Changes in Exchange Rate	(98)	124
NET INCREASE / (DECREASE) IN CASH	516	(332)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	1,572	3,111
CASH AND CASH EQUIVALENTS, END OF PERIOD	2,088	2,779
Cash paid during the period for Interest	75	55
Cash paid during the period for Income taxes	$ (35)	$ 32

XML

11. BUSINESS SEGMENTS (Details) (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Net sales	$ 9,747	$ 8,799
Operating (loss) income	(262)	(921)
Total assets	38,270	36,421
Depreciation and amortization	625	686
Capital expenditures	673	463
Manufacturing [Member]
Net sales	5,292	2,798
Operating (loss) income	(240)	(315)
Total assets	11,871	8,004
Depreciation and amortization	46	57
Capital expenditures	6	4
Testing Services [Member]
Net sales	3,909	3,291
Operating (loss) income	104	(342)
Total assets	21,165	20,718
Depreciation and amortization	551	562
Capital expenditures	667	453
Distribution [Member]
Net sales	344	318
Operating (loss) income	46	21
Total assets	321	282
Depreciation and amortization	1	1
Capital expenditures
Real Estate [Member]
Net sales	30	47
Operating (loss) income	(64)	(6)
Total assets	4,055	4,735
Depreciation and amortization	27	19
Capital expenditures
Fabrication Services [Member]
Net sales	172	2,345
Operating (loss) income	(176)	(187)
Total assets	804	2,596
Depreciation and amortization		47
Capital expenditures		6
Corporate And Unallocated [Member]
Net sales
Operating (loss) income	68	(92)
Total assets	54	86
Depreciation and amortization
Capital expenditures

XML

INVESTMENT PROPERTY IN CHINA (Tables)

3 Months Ended

Sep. 30, 2012

Investment Property In China Tables

Companys investment in the property based on the exchange rate

The exchange rate is based on the exchange rate as of September 30, 2012 published by the Monetary Authority of Singapore.

	Investment Date	Investment Amount			Investment Amount
		(RMB)			(U.S. Dollars)
Purchase of rental property – Property I - MaoYe	01/04/2008		5,554			882
Purchase of rental property – Property II - JiangHuai	01/06/2010		3,600			572
Purchase of rental property – Property III - Fu Li	01/04/2012		4,025			640
Gross investment in rental property			13,179			2,094
Accumulated depreciation on rental property	09/30/2012		(1,808	)		(287)
Net investment in property – China			11,371			1,807

XML

15. COMMITMENTS AND CONTINGENCIES (Details Narrative) (USD $)	Sep. 30, 2012
Capital commitments for the purchase of equipment and other related infrastructure costs	$ 66
Tianjin [Member]
Capital commitments for the purchase of equipment and other related infrastructure costs	175
RMB [Member]
Capital commitments for the purchase of equipment and other related infrastructure costs	1,098
Malaysia Ringgit [Member]
Capital commitments for the purchase of equipment and other related infrastructure costs	$ 203

XML

DISCONTINUED OPERATION AND CORRESPONDING RESTRUCTURING PLAN

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 16 - DISCONTINUED OPERATION AND CORRESPONDING RESTRUCTURING PLAN

The Company’s Shanghai subsidiary, as a component of the testing segment, suffered continued operating losses for three consecutive fiscal years and the cash flow was minimal for three consecutive years.  In January 2010, the Company established a restructuring plan to close the testing operation in Shanghai, China.  Based on the restructuring plan and in accordance with ASC Topic 205-20, Presentation of Financial Statement Discontinued Operations, the Company presented the operation results from Shanghai as a discontinued operation, as the Company believed that no continued cash flow would be generated by the disposed component (Shanghai subsidiary) and that the Company would have no significant continuing involvement in the operation of the discontinued component In accordance with the restructuring plan, before moving out of the Company will be required to pay the outstanding balance of accounts payable of RMB 233, or approximately $37 and to collect the accounts receivable of RMB 5, or approximately $1, based on the exchange rate as on September 30, 2012 published by the Monetary Authority of Singapore.

The Company’s Shanghai subsidiary did not incur general and administrative expenses for the three months ended September 30, 2012, however the general and administrative expenses for the three months ended September 30, 2011 was $ 1, for winding down the operation in Shanghai. The Shanghai operations anticipate that it may incur additional costs and expenses in winding down the business of the subsidiary through which the China facility was operated.

Under the provisions of ASC Topic 830, Foreign Currency Matters, translation adjustments that result when a foreign entity’s financial statements are translated into a parent company’s or an investor’s reporting currency are separately reported in the parent company’s other comprehensive income.  Foreign currency translation adjustments that are accumulated in other comprehensive income are reclassified to income only when they are realized, if the investment in the foreign entity is sold or is substantially or completely liquidated.  The foreign currency translation adjustments on the balance sheet of the Shanghai, China subsidiary as of September 30, 2012 were insignificant.

Loss from discontinued operations was as follows:

	Three Months Ended
	Sept. 30,		Sept. 30,
	2012		2011
	Unaudited		Unaudited
REVENUE	$	--	$	--
COST OF SALES		--		--
GROSS LOSS		--		--
OPERATING EXPENSES
General and administrative		--		1
Total		--		1
LOSS FROM DISCONTINUED OPERATION		--		(1	)
OTHER EXPENSES		--		--
LOSS FROM DISCONTINUED OPERATIONS	$	--	$	(1	)

The Company does not provide a separate cash flow statement for the discontinued operation, as the impact of this discontinued operation was immaterial.

XML

LOAN RECEIVABLE FROM PROPERTY DEVELOPMENT PROJECTS (Tables)

3 Months Ended

Sep. 30, 2012

Loan Receivable From Property Development Projects Tables

Companys loan receivable from property development projects

The following table presents the Company’s loan receivable from property development projects in China as of September 30, 2012. The exchange rate is based on the date published by the Monetary Authority of Singapore as on September 30, 2012.

	Loan Date	Loan Amount		Loan Amount
		(RMB)		(U.S. Dollars)
Investment in JiaSheng (Project B-48 Phase 2)	11/1/2011		5,000		794
Investment in JiangHuai (Project - Yu Jin Jiang An )	11/1/2011		2,000		318
Net loan receivable from property development projects			7,000		1,112

XML

LINE OF CREDIT

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 18 - LINE OF CREDIT

The Company’s credit rating provides it with readily and adequate access to funds in global markets. As of September 30, 2012, the Company has certain lines of credit that were collateralized by restricted deposits.

Entity with	Type of	Interest	Expiration		Credit		Unused
Facility	Facility	Rate	Date		Limitation		Credit
Trio-Tech Singapore	Line of Credit	With interest rates ranging from 1.77% to 6.04%	--	$	7,753	$	3,766

XML

17. INVESTMENT (Details Narrative) (USD $)	Sep. 30, 2012
Cash offset Received (In RMB)	$ 10,000
Net investment (In RMB)	5,000
Receivables (In RMB)	5,000
Carrying value of investment	$ 773

XML

ORGANIZATION AND BASIS OF PRESENTATION

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 1 - ORGANIZATION AND BASIS OF PRESENTATION

Trio-Tech International (“the Company” or “TTI” hereafter) was incorporated in fiscal 1958 under the laws of the State of California.  TTI provides third-party semiconductor testing and burn-in services primarily through its laboratories in Southeast Asia. In addition, TTI operates testing facilities in the United States.  The Company also designs, develops, manufactures and markets a broad range of equipment and systems used in the manufacturing and testing of semiconductor devices and electronic components. TTI conducts business in five business segments: Manufacturing, Testing Services, Fabrication Services, Distribution and Real Estate. TTI has subsidiaries in the U.S.A., Singapore, Malaysia, Thailand, China and Indonesia as follows:

	Ownership	Location
Express Test Corporation (Dormant)	100%	Van Nuys, California
Trio-Tech Reliability Services (Dormant)	100%	Van Nuys, California
KTS Incorporated, dba Universal Systems (Dormant)	100%	Van Nuys, California
European Electronic Test Centre (Dormant)	100%	Dublin, Ireland
Trio-Tech International Pte. Ltd.	100%	Singapore
Universal (Far East) Pte. Ltd.  *	100%	Singapore
Trio-Tech International (Thailand) Co. Ltd.*	100%	Bangkok, Thailand
Trio-Tech (Bangkok) Co. Ltd.	100%	Bangkok, Thailand
(49% owned by Trio-Tech International Pte. Ltd. and 51% owned by Trio-Tech International (Thailand) Co. Ltd.)
Trio-Tech (Malaysia) Sdn. Bhd. (55% owned by Trio-Tech International Pte. Ltd.)	55%	Penang and Selangor, Malaysia
Trio-Tech (Kuala Lumpur) Sdn. Bhd.	55%	Selangor, Malaysia
(100% owned by Trio-Tech Malaysia Sdn. Bhd.)
Prestal Enterprise Sdn. Bhd.	76%	Selangor, Malaysia
(76% owned by Trio-Tech International Pte. Ltd.)
Trio-Tech (Suzhou) Co. Ltd. *	100%	Suzhou, China
Trio-Tech (Shanghai) Co. Ltd. * (Dormant)	100%	Shanghai, China
Trio-Tech (Chongqing) Co. Ltd. *	100%	Chongqing, China
SHI International Pte. Ltd. (55% owned by Trio-Tech International Pte. Ltd)	55%	Singapore
PT SHI Indonesia (100% owned by SHI International Pte. Ltd.)	55%	Batam, Indonesia
Trio-Tech (Tianjin) Co. Ltd. *	100%	Tianjin, China

 * 100% owned by Trio-Tech International Pte. Ltd.

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X.  All significant inter-company accounts and transactions have been eliminated in consolidation. The un-audited condensed consolidated financial statements are presented in U.S. dollars.  The accompanying condensed consolidated financial statements do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements.  In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for fair presentation have been included.  Operating results for the three months ended September 30, 2012 are not necessarily indicative of the results that may be expected for the fiscal year ending June 30, 2013.  For further information, refer to the consolidated financial statements and footnotes thereto included in the Company's annual report for the fiscal year ended June 30, 2012.

XML

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2012	Jun. 30, 2012
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 114,000	$ 122,000
Provision for obsolete inventory	$ 898,000	$ 884,000
Common stock, par value	$ 0	$ 0
Common stock, Authorized	15,000,000	15,000,000
Common stock, Issued	3,321,555	3,321,555
Common stock, outstanding	3,321,555	3,321,555

XML

BUSINESS SEGMENTS

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 11 - BUSINESS SEGMENTS

The Company operates in five segments; the testing service industry (which performs structural and electronic tests of semiconductor devices), the designing and manufacturing of equipment (which equipment tests the structural integrity of integrated circuits and other products), distribution of various products from other manufacturers in Singapore and Southeast Asia, the fabrication segment (which provides fabrication services in Indonesia for the oil and gas industry) and the real estate segment  in China.

The revenue allocated to individual countries was based on where the customers were located. The allocation of the cost of equipment, the current year investment in new equipment and depreciation expense have been made on the basis of the primary purpose for which the equipment was acquired.

All inter-segment revenue was revenue from the manufacturing segment to the testing and distribution segments. Total inter-segment revenue was $ 308 for the three months ended September 30, 2012, as compared to $ 217 for the same period in the last fiscal year.  Corporate assets mainly consisted of cash and prepaid expenses. Corporate expenses mainly consisted of stock option expenses, salaries, insurance, professional expenses and directors' fees. Corporate expenses are allocated to the five segments. The following segment information table includes segment operating (loss) / income after including the corporate expenses allocated to the segments, which get eliminated in the consolidation.

The following segment information is unaudited for the three months ended September 30, 2012 and 2011:

Business Segment Information:
	Three Months			Operating					Depr.
	Ended	Net		(Loss)			Total		and		Capital
	Sept. 30,	Revenue		Income			Assets		Amort.		Expenditures
Manufacturing	2012	$	5,292	$	(240	)	$	11,871	$	46	$	6
	2011		2,798		(315	)		8,004		57		4
Testing	2012		3,909		104			21,165		551		667
Services	2011		3,291		(342	)		20,718		562		453
Distribution	2012		344		468			321		1		-
	2011		318		21			282		1		-
Real Estate	2012		30		(64	)		4,055		27		-
	2011		47		(6	)		4,735		19		-
Fabrication	2012		172		(176	)		804		-		-
Services	2011		2,345		(187	)		2,596		47		6
Corporate &	2012		-		68			54		-		-
Unallocated	2011		-		(92	)		86		-		-
Total Company	2012	$	9,747	$	(262	)	$	38,270	$	625	$	673
	2011	$	8,799	$	(921	)	$	36,421	$	686	$	463

XML

Document and Entity Information	3 Months Ended
	Sep. 30, 2012	Nov. 06, 2012
Document And Entity Information
Entity Registrant Name	TRIO TECH INTERNATIONAL
Entity Central Index Key	0000732026
Document Type	10-Q
Document Period End Date	Sep. 30, 2012
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		3,321,555
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2013

XML

NON-CONTROLLING INTEREST

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 12 - NON-CONTROLLING INTEREST

In accordance with the provisions of ASC Topic 810 Consolidation, the Company has classified the non-controlling interest as a component of stockholders’ equity in the accompanying condensed consolidated balance sheets. Additionally, the Company has presented the net income attributable to the Company and the non-controlling ownership interests separately in the accompanying condensed consolidated financial statements.

Non-controlling interest represents the minority stockholders’ share of 45% of the equity of Trio-Tech Malaysia Sdn. Bhd., 45% interest in SHI International Pte. Ltd., and 24% interest in Prestal Enterprise Sdn. Bhd., which are subsidiaries of the Company.

The table below reflects a reconciliation of the equity attributable to non-controlling interest:

Non-controlling interest	Sept. 30, 2012 (unaudited)			June 30, 2012)
Beginning balance	$	1,720		$2,969
Net loss		(24	)	(1,271)
Translation adjustment		122		(22)
Dividend declared by subsidiary		(39	)	--
Ending balance	$	1,779		$1,720

XML

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Revenue
Products	$ 5,636,000	$ 3,116,000
Testing Services	3,909,000	3,291,000
Fabrication Services	172,000	2,345,000
Others	30,000	47,000
Total	9,747,000	8,799,000
Cost of Sales
Cost of products sold	5,026,000	2,607,000
Cost of testing services rendered	2,677,000	2,634,000
Cost of fabrication services rendered	247,000	2,132,000
Others	33,000	26,000
Total	7,983,000	7,399,000
Gross Margin	1,764,000	1,400,000
Operating Expenses
General and administrative	1,824,000	2,098,000
Selling	132,000	144,000
Research and development	73,000	75,000
(Gain) / Loss on disposal of property, plant and equipment	(3,000)	4,000
Total operating expenses	2,026,000	2,321,000
Loss from Operations	(262,000)	(921,000)
Other (Expenses) / Income
Interest expenses	(85,000)	(61,000)
Other income, net	182,000	44,000
Total other (expenses) / income	97,000	(17,000)
Loss from Continuing Operations before Income Taxes	(165,000)	(938,000)
Income Tax Benefits / (Expenses)	124,000	(37,000)
Loss from continuing operations before non-controlling interest, net of tax	(41,000)	(975,000)
Equity in loss of unconsolidated joint venture, net of tax		(11,000)
Discontinued Operations (Note 16)
Loss from discontinued operations, net of tax		(1,000)
NET LOSS	(41,000)	(987,000)
Less: net loss attributable to the non-controlling interest	(24,000)	(183,000)
Net Loss Attributable to Trio-Tech International Common Shareholders	(17,000)	(804,000)
Amounts Attributable to Trio-Tech International Common Shareholders:
Loss from continuing operations, net of tax	(17,000)	(803,000)
Loss from discontinued operations, net of tax		(1,000)
Net Loss Attributable to Trio-Tech International Common Shareholders	(17,000)	(804,000)
Comprehensive Loss Attributable to Trio-Tech International Common Shareholders:
Net loss	(41,000)	(987,000)
Foreign currency translation, net of tax	555,000	(534,000)
Comprehensive Income / (Loss)	514,000	(1,521,000)
Less: Comprehensive income / (loss) attributable to the non-controlling interest	98,000	(218,000)
Comprehensive Income / (Loss) Attributable to Trio-Tech International Common Shareholders	$ 416,000	$ (1,303,000)
Basic Loss per Share:
Basic and diluted loss per share from continuing operations attributable to Trio-Tech International	$ (0.01)	$ (0.24)
Basic and diluted loss per share from discontinued operations attributable to Trio-Tech International	$ 0.00	$ 0.00
Basic and diluted loss per share from net loss attributable to Trio-Tech International	$ (0.01)	$ (0.24)
Weighted average number of common shares outstanding Basic	3,288	3,288
Dilutive effect of stock options
Number of shares used to compute earnings per share - diluted	3,288	3,288

XML

ACCOUNTS RECEIVABLE AND ALLOWANCE FOR DOUBTFUL ACCOUNTS

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 6 - ACCOUNTS RECEIVABLE AND ALLOWANCE FOR DOUBTFUL ACCOUNTS

Accounts receivable consists of customer obligations due under normal trade terms. Although management generally does not require collateral, letters of credit may be required from the customers in certain circumstances. Management periodically performs credit evaluations of the customers’ financial conditions.

Senior management reviews accounts receivable on a monthly basis to determine if any receivables will potentially be uncollectible. Management includes any accounts receivable balances that are determined to be uncollectible in the allowance for doubtful accounts.  After all attempts to collect a receivable have failed, the receivable is written off against the allowance.  Based on the information available to us, management believed the allowance for doubtful accounts as of September 30, 2012 and June 30, 2012 was adequate.  

 The following table represents the changes in the allowance for doubtful accounts:

	Sept. 30,
	2012					June 30,
	(Unaudited)					2012
Beginning balance		$	122		$	69
Additions charged to expenses			45			113
Recovered / write-off			(56	)		(59	)
Currency translation effect			3			(1	)
Ending balance		$	114		$	122

XML

EARNINGS PER SHARE

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 5 - EARNINGS PER SHARE

The Company adopted ASC Topic 215, Statement of Shareholders Equity. Basic EPS are computed by dividing net income available to common shareholders (numerator) by the weighted average number of common shares outstanding (denominator) during the period. Diluted EPS give effect to all dilutive potential common shares outstanding during a period. In computing diluted EPS, the average price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options and warrants.

Stock options to purchase 695,000 shares of Common Stock at exercise prices ranging from $1.72 to $9.57 per share were outstanding as of September 30, 2012 and were excluded in the computation of diluted EPS because their effect would have been anti-dilutive.

Stock options to purchase 626,875 shares of Common Stock at exercise prices ranging from $1.72 to $9.57 per share as of September 30, 2011 were excluded in the computation of diluted EPS because their effect would have been anti-dilutive.

The following table is a reconciliation of the weighted average shares used in the computation of basic and diluted EPS for the periods presented herein:

	Three Months Ended
	September 30,			September 30,
	2012			2011
	(Unaudited)			(Unaudited)
Loss attributable to Trio-Tech International common shareholders from continuing operations, net of tax	$	(17	)	$	(803	)
Loss attributable to Trio-Tech International common shareholders from discontinued operations, net of tax		--			(1	)
Net loss attributable to Trio-Tech International common shareholders	$	(17	)	$	(804	)
Basic and diluted loss per share from continuing operations attributable to Trio-Tech International		(0.01	)		(0.24	)
Basic and diluted loss per share from discontinued operations attributable to Trio-Tech International		--			--
Basic and diluted loss per share from net loss attributable to Trio-Tech International	$	(0.01	)	$	(0.24	)
Weighted average number of common shares outstanding - basic		3,288			3,288
Dilutive effect of stock options		-			-
Number of shares used to compute earnings per share - diluted		3,288			3,288

XML

INVESTMENT

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 17 - INVESTMENT

During the second quarter of fiscal 2011, the Company entered into a joint-venture agreement with JiaSheng Property Development Co. Ltd. (“JiaSheng”) to develop real estate projects in China. The Company invested RMB 10,000, or approximately $1,589, for a 10% interest in the newly formed joint venture, which was incorporated as a limited liability company, Chong Qing Jun Zhou Zhi Ye Co. Ltd. (the “joint venture”), in China. The agreement stipulated that the Company would nominate two of the five members of the Board of Directors of the joint venture and would have the ability to assign two members of management to the joint venture.  The agreement also stipulated that the Company would receive a fee of RMB 10,000, or approximately $1,589, for the services rendered in connection with obtaining priority to bid in certain real estate projects from the local government. Upon signing of the agreement, JiaSheng paid the Company RMB 5,000, or approximately $ 794 in cash. The remaining RMB 5,000 or approximately $794 will be paid over 72 months commencing in 36 months from the date of the agreement when the joint venture secures a property development project stated inside the joint venture agreement. The Company considered the RMB 5,000, or approximately $794, received in cash from JiaSheng, the controlling venturer in the joint venture, as a partial return of the Company’s initial investment of RMB 10,000, or approximately $1,589. Therefore, the RMB 5,000, or approximately $794, received in cash was offset against the initial investment of RMB 10,000 or approximately $1,589. The Company further reduced its investments by RMB 137, or approximately $22, towards the losses incurred by the joint venture. resulting in a net investment of RMB 5,000, or approximately $773, based on exchange rate as of September 30, 2012 published by Monetary Authority of Singapore, as of September 30, 2012.  The Company considers that the collectability of the remaining RMB 5,000 or approximately $773, based on exchange rate as of September 30, 2012 published by Monetary Authority of Singapore, is uncertain due to the extended terms of the payment, and therefore has not recorded this amount as receivable as of September 30, 2012.

In the first quarter of fiscal 2012, due to the resignation of two directors representing TTI on the board of the joint venture, the Company concluded that it could no longer exert a significant influence over the joint venture’s operating and financial activities. Therefore, the Company began accounting for this investment using the cost method effective September 29, 2011. An impairment review was made during the quarter ended September 30, 2012 since the carrying value of this investment at September 30, 2012 was $773, which approximates the Company’s pro rata share in the joint venture’s underlying value, no impairment was made.

In accordance with ASC Topic 323 Investments – Other, Cost Method Investments, ‘‘Investment in unconsolidated joint venture’’ as shown on the Company’s Balance Sheet consists of the cost of an investment in Chong Qing Jun Zhou Zhi Ye Co. Ltd., in which the Company has a 10.00% interest. Prior to the first quarter of fiscal 2012, the Company’s ownership in this China affiliate was recorded on the equity basis.

In accordance with ASC Topic 810-10-50, Disclosure for Variable Interest Entities, the Company analyzed its investments in the joint ventures to determine if the joint venture is a variable interest entity (“VIE”) and will require consolidation. The Company (a) evaluates the sufficiency of the total equity at risk, (b) reviews the voting rights and decision-making authority of the equity investment holders as a group, and whether there are any guaranteed returns, protection against losses, or capping of residual returns within the group, and (c) establishes whether activities within the venture are on behalf of an investor with disproportionately few voting rights in making this VIE determination. The Company would consolidate a venture that is determined to be a VIE if it was the primary beneficiary. The primary beneficiary of a VIE is determined, a primarily qualitative approach whereby the variable interest holder, if any, has the power to direct the VIE’s most significant activities and is the primary beneficiary. The Company has determined that the investment is a VIE, however the Company is not the primary beneficiary.  Therefore, the Company does not consolidate the joint venture and it is accounted for using the cost method, since there is no significant influence.

XML

FAIR VALUE MEASUREMENTS

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 13 - FAIR VALUE MEASUREMENTS

ASC Topic 820 Fair Value Measurements and Disclosures provides enhanced guidance for using fair value to measure assets and liabilities.  Under the standard, fair value refers to the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between participants in the market in which the reporting entity transacts its business.  ASC Topic 820 clarifies the principle that fair value should be based on the assumptions market participants would use when pricing the asset or liability.  In support of this principle, ASC Topic 820 establishes a fair value hierarchy that prioritizes the information used to develop those assumptions.  Under the standard, fair value measurements would be separately disclosed by level within the fair value hierarchy.  

The following table provides a summary of the assets and liabilities that are measured at fair value on a recurring basis as of September 30, 2012:

				Basis of Fair Value Measurements
	As of Sept.30, 2012 (Unaudited)			Quoted Prices in Active Markets for Identical Assets Level 1			Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3
Assets
Short-term deposits	$	253		$	253		$	--	$	--
Restricted term deposits	$	3,526		$	3,526		$	--	$	--
Total assets measured at fair value	$	38,270		$	38,270		$	--	$	--
Percentage of total assets		9.9	%		9.9	%		--		--

In accordance with ASC Topic 820, the Company measures its short-term deposits and restricted short-term deposits at fair value, and they are classified within Level 1. Since the Company’s term deposits are fixed rate deposits, there is an active, readily tradable market value based on quoted prices. The Company based its estimates on such prices (Level 1 pricing) as of September 30, 2012. Active markets are those in which transactions occur in significant frequency and volume to provide pricing information on an on-going basis. Since valuations are based on quoted prices that are readily and regularly available in an active market, the valuation of these term deposits does not entail a significant degree of judgment.

XML

INVESTMENT PROPERTY IN CHINA

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 9 - INVESTMENT PROPERTY IN CHINA

The following table presents the Company’s investment in the property in China as of September 30, 2012. The exchange rate is based on the exchange rate as of September 30, 2012 published by the Monetary Authority of Singapore.

	Investment Date	Investment Amount			Investment Amount
		(RMB)			(U.S. Dollars)
Purchase of rental property – Property I - MaoYe	01/04/2008		5,554			882
Purchase of rental property – Property II - JiangHuai	01/06/2010		3,600			572
Purchase of rental property – Property III - Fu Li	01/04/2012		4,025			640
Gross investment in rental property			13,179			2,094
Accumulated depreciation on rental property	09/30/2012		(1,808	)		(287)
Net investment in property – China			11,371			1,807

Rental Property I – Mao Ye

In fiscal 2008, TTCQ entered into a Memorandum Agreement with MaoYe Property Ltd. to purchase an office space in Chongqing, China, for a total cash purchase price of RMB 5,554. The Company rented this property to a third party on July 13, 2008. The term of the rental agreement was five years with a monthly rental income of RMB 39, or approximately $6, for the first three years, and in the fourth year with an increase of 8% in July 2011, a monthly rental income of RMB 41, or approximately $7, and another increase of 8% in July 2012.

Property purchased from Mao Ye generated a rental income of RMB 134, or approximately $21 for the three months ended September 30, 2012 and RMB 124, or approximately $19 for the same period in the last fiscal year.

Rental Property II - JiangHuai

In fiscal 2010, the Company entered in to a Memorandum Agreement with Chongqing JiangHuai Real Estate Development Co., Ltd. to purchase eight units of commercial property in Chongqing, China for a total purchase price of RMB 3,600. TTCQ renewed its rental agreement for this property on January 8, 2011 and the rental agreement provided for a one-year renewable term with an annual rental income of RMB 720, or approximately $ 112.

The lease rental agreement of the property purchased from JiangHuai expired in January 2012 and did not generate a rental income for the three months ended September 30, 2012,. However, it generated a rental income of RMB 180 or approximately $28 for the same period in the last fiscal year. The asset was reviewed for impairment and based on the market value of the property as compared to the carrying value, it was concluded that there was no requirement to impair the property.

Other Properties III – FuLi

In fiscal 2010, TTCQ entered into a Memorandum Agreement with Chongqing Fu Li Real Estate Development Co. Ltd. (“FuLi Real Estate”) to purchase two commercial properties totaling 311.99 square meters (“office space”) located in Jiang Bei District Chongqing. The total purchase price committed and paid was RMB 4,025, or approximately $ 633.  The construction has been completed, the property was handed over during April 2012 and the documentation of the change of title is in process.

Property purchased from FuLi Real Estate was rented to a third party effective from fourth quarter of fiscal 2012 and generated a rental income in the first quarter of fiscal 2013 of RMB57, or approximately $9, for the three months ended September 30, there was no such rental income for the same period of fiscal 2012.

Summary

Total rental income for both the investment properties (Property I and Property III) in China was $30 and $47 for the three months ended September 30, 2012 and 2011, respectively.

Depreciation expenses for the investment properties in China were $26 and $ 18 for the three months ended September 30, 2012, and 2011, respectively.

XML

11. BUSINESS SEGMENTS (Details Narrative) (USD $)	3 Months Ended	12 Months Ended
	Sep. 30, 2012	Jun. 30, 2012
Business Segments Details Narrative
Total inter-segment revenue	$ 308	$ 217

XML

WARRANTY ACCRUAL

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 7 - WARRANTY ACCRUAL

The Company provides for the estimated costs that may be incurred under its warranty program at the time the sale is recorded.  The Company provides warranty for products manufactured in the term of one year.  The Company estimates the warranty costs based on the historical rates of warranty returns.  The Company periodically assesses the adequacy of its recorded warranty liability and adjusts the amounts as necessary.

		Sept. 30,
		2012		June 30,
		(Unaudited)		2012
Beginning balance	$		60	$	29
Additions charged to cost and expenses			3		32
Recovered			--		--
Actual usage			--		--
Currency translation effect			2		(1	)
EndingEEnding balance	$		65	$29	60

XML

INCOME TAX

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 8- INCOME TAX

The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of ASC Topic 740 Income Taxes. The income tax benefit was $124 for the three months ended September 30, 2012 as compared to the income tax expenses of $37 for the three months ended September 30, 2011.

The Company accrues penalties and interest related to unrecognized tax benefits when necessary as a component of penalties and interest expenses, respectively.  The Company had not accrued any penalties or interest expenses relating to unrecognized benefits at September 30, 2012 and June 30, 2012.

The major tax jurisdictions in which the Company files income tax returns are the United States, Singapore and Malaysia.  The statute of limitations, in general, is open for years 2004 to 2012 for tax authorities in those jurisdictions to audit or examine income tax returns.  The Company is under annual review by the government of Singapore.  However, the Company is not currently under tax examination in any other jurisdiction.

XML

LOAN RECEIVABLE FROM PROPERTY DEVELOPMENT PROJECTS

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 10 - LOAN RECEIVABLE FROM PROPERTY DEVELOPMENT PROJECTS

The following table presents the Company’s loan receivable from property development projects in China as of September 30, 2012. The exchange rate is based on the date published by the Monetary Authority of Singapore as on September 30, 2012.

	Loan Date	Loan Amount		Loan Amount
		(RMB)		(U.S. Dollars)
Investment in JiaSheng (Project B-48 Phase 2)	11/1/2011		5,000		794
Investment in JiangHuai (Project - Yu Jin Jiang An )	11/1/2011		2,000		318
Net loan receivable from property development projects			7,000		1,112

On November 1, 2010, TTCQ entered into a new Memorandum Agreement with JiaSheng Property Development Co. Ltd.(“JiaSheng”) to invest in their property development projects (Project B-48 Phase 2) located in Chongqing City, China. Due to the short-term nature of the investment, the amount was classified as a loan based on ASC Topic 310-10-25 Receivables, amounting to RMB 5,000, equivalent to approximately $ 794 based on the exchange rate as of September 30, 2012. The agreement guaranteed the Company an income of RMB 1,250, or approximately $ 196, payable in four installments of RMB 313, or approximately $ 49. The amount is unsecured and repayable at the end of the term. The loan was renewed in November 2011 for a period of one year, which expires on October 31, 2012. The renewed agreement guaranteed the Company an income of RMB 1,250, or approximately $196, payable in four installments of RMB 313, or approximately $ 49. The book value of the loan receivable approximates its fair value. TTCQ recorded other income of RMB 313, or approximately $ 49, from JiaSheng for the three months ended September 30, 2012 and for the three months ended September 30, 2011. The agreement expired on October 31, 2012 and the renewal of the agreement is in process as at the date of this report.

On November 1, 2010, TTCQ entered into a new Memorandum Agreement with JiangHuai to invest in their property development projects (Project - Yu Jin Jiang An) located in Chongqing City, China. Due to the short-term nature of the investment, the amount was classified as a loan based on ASC Topic 310-10-25 Receivables, amounting to RMB 2,000, equivalent to approximately $ 318. The agreement guaranteed the Company an income of RMB 400, or approximately $ 63 payable in 12 installments of RMB 33, or approximately $ 5. The amount is secured by the underlying property and repayable at the end of the term. The loan was renewed on November 1, 2011, and expires on November 30, 2012. The renewed agreement guaranteed the Company an income of RMB 433, or approximately $ 68, payable in 13 installments.  The book value of the loan receivable approximates its fair value. TTCQ recorded other income of RMB 100 or approximately $ 16, from JiangHuai for the three months ended September 30, 2012 and September 31, 2011.

XML

14. BANK LOANS PAYABLE (Details 1) (USD $)	Sep. 30, 2012
Notes to Financial Statements
2013	$ 784
2014	792
2015	237
2016	169
2017	178
Thereafter	1,893
Total obligations and commitments	$ 4,053

XML

16. DISCONTINUED OPERATION AND CORRESPONDING RESTRUCTURING PLAN (Details) (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Notes to Financial Statements
Revenue
Cost of sales
Gross loss
Operating expenses
General and administrative		1
Total		1
Loss from discontinued operation		(1)
Other Expenses
Loss from discontinued operation		$ (1)

XML

14. BANK LOANS PAYABLE (Details) (USD $)	Sep. 30, 2012	Jun. 30, 2012
Notes to Financial Statements
Note payable denominated in Malaysian ringgit to a commercial bank for infrastructure investment, maturing in August 2024, bearing interest at the banks prime rate (effective interest approximately 5.10% at September 30, 2012) per annum,with monthly payments of principal plus interest of $ 23 through August 2024, collateralized by the acquired building with net book value of RM 12,370 or approximately $ 4,033.	$ 2,699	$ 2,629
Note payable denominated in U.S. dollars to a financial institution for working capital plans in Singapore and its subsidiaries, maturing in December 2014, bearing interest at the banks cost of fund plus 1.50% (effective interest approximately 5.02% at September, 2012) with monthly payments of principal plus interest of $ 58 through December 2014. This note payable is secured by plant and equipment with the net book value of Singapore dollar $ 1,013 or approximately $ 827.	1,354	1,510
Current portion	(784)	(766)
Long term portion of bank loans payable	$ 3,269	$ 3,373

XML

WARRANTY ACCRUAL (Tables)

3 Months Ended

Sep. 30, 2012

Warranty Accrual Tables

Warranty liability

warranty liability and adjusts the amounts as necessary.

		Sept. 30,
		2012		June 30,
		(Unaudited)		2012
Beginning balance	$		60	$	29
Additions charged to cost and expenses			3		32
Recovered			--		--
Actual usage			--		--
Currency translation effect			2		(1	)
EndingEEnding balance	$		65	$29	60

XML

5. EARNINGS PER SHARE (Details Narrative) (USD $)	Sep. 30, 2012	Jun. 30, 2012	Sep. 30, 2011
Options to purchase shares of Common Stock	695,000		626,875
Weighted Average Exercise Price	$ 3.85	$ 3.85
Minimum [Member]
Weighted Average Exercise Price	$ 1.72		1.72
Maximum [Member]
Weighted Average Exercise Price	$ 9.57		9.57

XML

COMMITMENTS AND CONTINGENCIES

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 15 - COMMITMENTS AND CONTINGENCIES

Trio-Tech (Malaysia) Sdn. Bhd. continued its expansion plans to meet the demands of a major customer in Malaysia, as the existing facility is inadequate to meet the demands of that customer.  The Malaysia operations has capital commitments for the purchase of equipment and other related infrastructure costs amounting to RM 203, or approximately $66, based on the exchange rate as of September 30, 2012 published by the Monetary Authority of Singapore.

Trio-Tech (Tianjin) Co. Ltd. in China has capital commitments for the purchase of equipment and other related infrastructure costs amounting to RMB 1,098, or approximately $175 based on the exchange rate as of September 30, 2012 published by the Monetary Authority of Singapore.

XML

ASSET HELD FOR SALE

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 20 - ASSETS HELD FOR SALE

During the third quarter of fiscal 2011, Trio-Tech (Malaysia) Sdn. Bhd. (“TTM”), a 55% owned subsidiary of the Registrant, planned to sell its factory building in Penang, Malaysia, which was being used as its testing facility before it moved its entire operations to Petaling Jaya, Malaysia. The Malaysia operation ceased the depreciation of that property in accordance with ASC Topic 360 Property, Plant and Equipment.

The asset is available for immediate sale in its present condition subject only to terms that are usual and customary for sales of such assets.

Accordingly, the Company believes that the assets held for sale should be classified as current assets and that the fair value of this property, less cost to sell, is higher than its book value. The asset held for sale was recorded at a net book value of $135 in accordance with ASC Topic 360 Property, Plant and Equipment, as compared to the net book value of $ 130 as at June 30, 2012.

XML

4. STOCK OPTIONS (Details Narrative) (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Jun. 30, 2012
Stock-based compensation expense	$ 11,000	$ 42,000
Vested employee stock options	267,750	169,875
Weighted-average exercise price	$ 3.77	$ 4.65
Weighted average contractual term	1 year 10 months 10 days	2 years 3 months 11 days
Fair value of stock options		103	645
Options exercised
TwoThousandSevenEmployeePlan [Member]
Stock-based compensation expense	11	42
Unamortized stock-based compensation	27	127
TwoThousandSevenDirectorsPlan [Member]
Stock-based compensation expense	0	0
Options exercised	0
Aggregate intrinsic value	0
TwoThousandSevenDirectorsEquityIncentivePlan [Member] | Common Stock
Vested employee stock options	385,000	335,000
Weighted-average exercise price	$ 4.52	$ 4.86
Weighted average contractual term	2 years 2 months 11 days	2 years 10 months 24 days
Fair value of stock options	$ 1,031	$ 976

XML

DISCONTINUED OPERATION AND CORRESPONDING RESTRUCTURING PLAN (Tables)

3 Months Ended

Sep. 30, 2012

Discontinued Operation And Corresponding Restructuring Plan Tables

Loss from discontinued operations

Loss from discontinued operations was as follows:

	Three Months Ended
	Sept. 30,		Sept. 30,
	2012		2011
	Unaudited		Unaudited
REVENUE	$	--	$	--
COST OF SALES		--		--
GROSS LOSS		--		--
OPERATING EXPENSES
General and administrative		--		1
Total				1
LOSS FROM DISCONTINUED OPERATION		--		(1	)
OTHER EXPENSES		--		--
LOSS FROM DISCONTINUED OPERATIONS	$	--	$	(1	)

XML

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)	Common Stock	Additional Paid-In Capital	Accumulated Retained Earnings	Accumulated Other Comprehensive Income	Noncontrolling Interest	Total
Beginning Balance, Amount at Jun. 30, 2011	$ 10,531,000	$ 2,227,000	$ 5,791,000	$ 3,459,000	$ 2,969,000	$ 24,977,000
Beginning Balance, Shares at Jun. 30, 2011	3,322
Stock option expenses		204,000				204,000
Translation adjustment				(272,000)	22,000	(250,000)
Dividend declared by subsidiary
Net loss			(3,104,000)		(1,271,000)	(4,375,000)
Ending Balance, Amount at Jun. 30, 2012	10,531,000	2,431,000	2,687,000	3,187,000	1,720,000	20,556,000
Ending Balance, Shares at Jun. 30, 2012	3,322
Stock option expenses		11,000				11,000
Translation adjustment				433,000	122,000	555,000
Dividend declared by subsidiary					(39,000)	(39,000)
Net loss			(17,000)		(24,000)	(41,000)
Ending Balance, Amount at Sep. 30, 2012	$ 10,531,000	$ 2,442,000	$ 2,670,000	$ 3,620,000	$ 1,779,000	$ 21,042,000
Ending Balance, Shares at Sep. 30, 2012	3,322

XML

STOCK OPTIONS

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 4 - STOCK OPTIONS

On September 24, 2007, the Company’s Board of Directors unanimously adopted the 2007 Employee Stock Option Plan (the “2007 Employee Plan”) and the 2007 Directors Equity Incentive Plan (the “2007 Directors Plan”) each of which was approved by the shareholders on December 3, 2007. Each of those plans was amended by the Board in 2010 to increase the number of shares covered thereby, which amendments were approved by the shareholders on December 14, 2010. At present, the 2007 Employee Plan provides for awards of up to 600,000 shares of the Company’s Common Stock to employees, consultants and advisors and the 2007 Directors Plan provides for awards of up to 400,000 shares of the Company’s Common Stock to the members of the Board of Directors in the form of non-qualified options and restricted stock. These two plans are administered by the Board, which also establishes the terms of the awards.

Assumptions

No options were granted during the three months ended September 30, 2012 and 2011, however the Company calculates the fair value for option awards on the date of grant using the Black-Scholes option pricing model.

2007 Employee Stock Option Plan

The Company’s 2007 Employee Plan permits the grant of stock options to its employees covering up to an aggregate of 600,000 shares of Common Stock. Under the 2007 Employee Plan, all options must be granted with an exercise price of not less than fair value as of the grant date and the options granted must be exercisable within a maximum of ten years after the date of grant, or such lesser period of time as is set forth in the stock option agreements. The options may be exercisable (a) immediately as of the effective date of the stock option agreement granting the option, or (b) in accordance with a schedule related to the date of the grant of the option, the date of first employment, or such other date as may be set by the Compensation Committee. Generally, options granted under the 2007 Employee Plan are exercisable within five years after the date of grant, and vest over the period as follows: 25% vesting on the grant date and the remaining balance vesting in equal installments on the next three succeeding anniversaries of the grant date. The share-based compensation will be recognized in terms of the grade method on a straight-line basis for each separately vesting portion of the award. Certain option awards provide for accelerated vesting if there is a change in control (as defined in the 2007 Employee Plan).

The Company did not grant any options pursuant to the 2007 Employee Plan during the three months ended September 30, 2012. The Company recognized stock-based compensation expenses of $11 in the three months ended September 30, 2012 under the 2007 Employee Plan. The balance of unamortized stock-based compensation of $27 based on fair value on the grant date related to options granted under the 2007 Employee Plan is expected to be recognized over a period of two years.

The Company did not grant any options pursuant to the 2007 Employee Plan during the three months ended September 30, 2011. The Company recognized stock-based compensation expenses of $42 in the three months ended September 30, 2011 under the 2007 Employee Plan. The balance of unamortized stock-based compensation of $127 based on fair value on the grant date related to options granted under the 2007 Employee Plan is expected to be recognized over a period of two years.

As of September 30, 2012, there were vested employee stock options covering a total of 267,750 shares of Common Stock. The weighted-average exercise price was $3.77 and the weighted average contractual term was 1.86 years. The total fair value of vested and outstanding employee stock options as of June 30, 2012 was $645.

As of September 30, 2011, there were vested employee stock options covering a total of 169,875 shares of Common Stock. The weighted-average exercise price was $4.65 and the weighted average remaining contractual term was 2.28 years. The total fair value of vested employee stock options as of September 30, 2011 was 103.

A summary of option activities under the 2007 Employee Plan during the three month period ended September 30, 2012 is presented as follows:

	Options			Weighted Average Exercise Price			Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2012		313,000		$	3.85			2.31	$	-
Granted		-		$	-			-		-
Exercised		-			-			-		-
Forfeited or expired		(3,000	)		(4.76	)		2.88		-
Outstanding at September 30, 2012		310,000		$	3.85			2.05	$	-
Exercisable at September 30, 2012		267,750		$	3.77			1.86	$	-

A summary of the status of the Company’s non-vested employee stock options during the three months ended September 30, 2012 is presented below:

				Weighted Average Grant-Date
	Options			Fair Value
Non-vested at July 1, 2012		43,250		$	3.29
Granted		-			-
Vested		-			-
Forfeited		(1,000	)		3.16
Non-vested at September 30, 2012		42,250		$	3.29

2007 Directors Equity Incentive Plan

The 2007 Directors Plan permits the grant of options covering up to an aggregate of 400,000 shares of Common Stock to its non-employee directors in the form of non-qualified options and restricted stock. The exercise price of the non-qualified options is 100% of the fair value of the underlying shares on the grant date. The options have five-year contractual terms and are generally exercisable immediately as of the grant date.

During the first quarter of each of fiscal 2012 and fiscal 2011, the Company did not grant any options pursuant to the 2007 Directors Plan.

There were no options exercised under the 2007 Directors Equity Incentive Plan during either the first quarter of fiscal 2013 or fiscal 2012. The Company did not recognize any stock-based compensation expenses in the three months ended September 30, 2012 and 2011, respectively, under the 2007 Directors Plan.

As of September 30, 2012, there were vested director stock options covering a total of 385,000 shares of Common Stock. The weighted-average exercise price was $4.52 and the weighted average remaining contractual term was 2.20 years. The total fair value of vested directors’ stock options as of September 30, 2012 was $1,031. All of our director stock options vest immediately at the date of grant. There were no unvested director stock options as of September 30, 2012.

As of September 30, 2011, there were vested director stock options covering a total of 335,000 shares of Common Stock. The weighted-average exercise price was $4.86 and the weighted average remaining contractual term was 2.90 years. The total fair value of vested director’s stock options as of September 30, 2011 was $976. All of our director stock options vest immediately at the date of grant. There were no unvested director stock options as of September 30, 2011.

The total intrinsic value of vested and outstanding directors’ stock options as of September 30, 2012 was zero. A summary of option activities under the 2007 Directors Plan during the three months ended September 30, 2012 is presented as follows:

	Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at July 1, 2012		385,000	$	4.52		2.45	$	-
Granted		-		-		-		-
Exercised		-		-		-		-
Forfeited or expired		-		-		-		-
Outstanding at September 30, 2012		385,000	$	4.52		2.20	$	-
Exercisable at September 30, 2012		385,000	$	4.52		2.20	$	-

XML

10. LOAN RECEIVABLE FROM PROPERTY DEVELOPMENT PROJECTS (Details Narrative) (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
InvestmentInJiaSheng [Member]
Loan income receivable	$ 49	$ 49
InvestmentInJiaSheng [Member] | RMB [Member]
Loan income receivable	313	313
InvestmentInJiangHuai [Member]
Loan income receivable	16	16
InvestmentInJiangHuai [Member] | RMB [Member]
Loan income receivable	$ 100	$ 100

XML

18. LINE OF CREDIT (Details) (USD $)	3 Months Ended
	Sep. 30, 2012
Debt Disclosure [Abstract]
Entity with facility	Trio-Tech Singapore
Type of facility	Line of Credit
Interst rate	With interest rates ranging from 1.77% to 6.04%
Expiration date	-
Credit limitation	$ 7,753
Unused credit	$ 3,766

XML

SUBSEQUENT EVENT

3 Months Ended

Sep. 30, 2012

Subsequent Events [Abstract]

SUBSEQUENT EVENT

On October 2, 2012, management tendered the notice of termination of the lease rental of the fabrication yard in Batam, Indonesia. Based on the termination letter, the yard has to be vacated and handed over to the landlord by December 31, 2012.

XML

NON-CONTROLLING INTEREST (Tables)

3 Months Ended

Sep. 30, 2012

Non-Controlling Interest Tables

Equity attributable to non-controlling interest

The table below reflects a reconciliation of the equity attributable to non-controlling interest:

			Sept. 30, 2012			June 30, 2012
	Non-controlling interest		(Unaudited)
Beginning balance		$		1,720		$	2,969
Net loss				(24	)		(1,271	)
Translation adjustment				122			(22	)
Dividend declared by subsidiary				(39	)		--
Ending balance		$		1,779		$	1,720

XML

BANK LOANS PAYABLE

3 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 14 - BANK LOANS PAYABLE

Bank loans payable consisted of the following:

	Sept. 30, 2012 (Unaudited)			June 30, 2012
Note payable denominated in Malaysian ringgit to a commercial bank for infrastructure investment, maturing in August 2024, bearing interest at the bank’s prime rate (effective interest approximately 5.10% at September 30, 2012) per annum, with monthly payments of principal plus interest of $ 23 through August 2024, collateralized by the acquired building with net book value of RM 12,370 or approximately $ 4,033.		2,699			2,629
Note payable denominated in U.S. dollars to a financial institution for working capital plans in Singapore and its subsidiaries, maturing in December 2014, bearing interest at the bank’s cost of fund plus 1.50% (effective interest approximately 5.02% at September, 2012) with monthly payments of principal plus interest of $ 58 through December 2014. This note payable is secured by plant and equipment with the net book value of Singapore dollar $ 1,013 or approximately $ 827.		1,354			1,510
Current portion		(784	)		(766	)
Long term portion of bank loans payable	$	3,269		$	3,373

Future minimum payments (excluding interest) as at September 30, 2012 were as follows:

2013	$	784
2014		792
2015		237
2016		169
2017		178
Thereafter		1,893
Total obligations and commitments	$	4,053