Utah Medical Products Inc. announced earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported net sales of $9.91 million, operating income of $2.9 million, income before tax of $2.71 million, net income of $1.86 million or $0.509 earnings per share compared to net sales of $6.21 million, operating income of $2.18 million, income before tax of $2.23 million, net income of $1.21 million or $0.414 earnings per share for the same period last year. For the full year, the company reported net sales of $37.86 million, operating income of $11.84 million, income before tax of $11.08 million, net income of $7.41 million or $2.034 earnings per share compared to net sales of $25.12 million, operating income of $8.92 million, income before tax of $9.04 million, net income of $6.01 million or $1.651 earnings per share for the same period last year. 2011 return on equity is 19%, prior to payment of dividends.