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

| Large Accelerated Filer                                            | £ | Accelerated Filer         | £ |
|--------------------------------------------------------------------|--------|---------------------------|--------|
| Non-Accelerated Filer(Do not check if a smaller reporting company) | £ | Smaller Reporting Company | R      |

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Table of Contents

OTHER 

|                  |                                                                                                                                                                      | Page   |
|-----------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Part I.               | Financial Information                                                                                                                                                     |   |
|                  |                                                                                                                                                                      |   |
|    Item 1.  | Financial Statements                                                                                                                                                      |   |
|                  |                                                                                                                                                                      |   |
|             | (a) Condensed Consolidated Balance Sheets as of September 30, 2010 (Unaudited) and June 30, 2010                                                                          | 2      |
|                  |                                                                                                                                                                      |   |
|                  | (b) Condensed Consolidated Statements of Operations and Comprehensive Income for the Three Months Ended September 30, 2010 (Unaudited) and September 30, 2009 (Unaudited) | 3      |
|                  |                                                                                                                                                                      |   |
|                  | (c) Condensed Consolidated Statements of Shareholders Equity for the Period Ended September 30, 2010 (Unaudited) and June  30, 2010                             | 4      |
|                  |                                                                                                                                                                      |   |
|                  | (c) Condensed Consolidated Statements of Cash Flows for the Three Months Ended September 30, 2010 (Unaudited) and September 30, 2009 (Unaudited)                          | 5      |
|                  |                                                                                                                                                                      |   |
|                  | (d) Notes to Consolidated Financial Statements (Unaudited)                                                                                                                | 6      |
|                  |                                                                                                                                                                      |   |
|    Item 2.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                                                               | 24     |
|                  |                                                                                                                                                                      |   |
|    Item 3.  | Quantitative and Qualitative Disclosures about Market Risk                                                                                                                | 38     |
|                  |                                                                                                                                                                      |   |
|    Item 4.  | Controls and Procedures                                                                                                                                                   | 38     |
|                  |                                                                                                                                                                      |   |
| Part II.              | Other Information                                                                                                                                                         |   |
|                  |                                                                                                                                                                      |   |
|    Item 1.  | Legal Proceedings                                                                                                                                                         | 39     |
|                  |                                                                                                                                                                      |   |
|    Item 1A. | Risk Factors                                                                                                                                                              | 39     |
|                  |                                                                                                                                                                      |   |
|    Item 2.  | Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                               | 39     |
|                  |                                                                                                                                                                      |   |
|    Item 3.  | Defaults upon Senior Securities                                                                                                                                           | 39     |
|                  |                                                                                                                                                                      |   |
|    Item 4.  | Removed and Reserved                                                                                                                                                      | 39     |
|                  |                                                                                                                                                                      |   |
|    Item 5.  | Other Information                                                                                                                                                         | 39     |
|                  |                                                                                                                                                                      |   |
|    Item 6.  | Exhibits                                                                                                                                                                  | 39     |
|                  |                                                                                                                                                                      |   |
| Signatures            |                                                                                                                                                                      | 40     |
|                  |                                                                                                                                                                      |   |

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Table of Contents

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Table of Contents

FINANCIAL 

|                                                                                                                                                                       |                                               | September 30,2010 |        |    | June 30,2010 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------|-------------------|-------------|---------|--------------|--------|
| ASSETS                                                                                                                                                                     |                                               |              | (Unaudited) |    |         |   |   |
| CURRENT ASSETS:                                                                                                                                                            |                                               |              |        |    |         |   |
| Cash & cash equivalent                                                                                                                                                 | $                                                  | 4,338             |        | $       | 3,244        |   |
| Short-term deposits                                                                                                                                                        |                                               | 382               |        |    | 2,714        |   |
| Trade accounts receivable, less allowance for doubtful                                                                                                                     |                                               | 13,860            |        |    | 12,142       |   |
| accounts of $125 and $91                                                                                                                                                   |                                               |              |        |    |         |   |
| Other receivables                                                                                                                                                          |                                               | 783               |        |    | 778          |   |
| Inventories, less provision for obsolete inventory of $862 and $907                                                                                                        |                                               |   3,649      |        |    | 3,400        |   |
|                                                                                                                                                   |                                               |              |        |    |         |   |
| Investment in property development                                                                                                                                         |                                               | 900               |        |    | 887          |   |
| Prepaid expenses and other current assets                                                                                                                                  |                                               | 483               |        |    | 296          |   |
|                                                                                                                                                                       | Total current assets                               |              | 24,395      |    |         | 23,461 |   |
|                                                                                                                                                                       |                                               |              |        |    |         |   |
| INVESTMENT PROPERTY IN CHINA, Net                                                                                                                                          |                                               | 2,144             |        |    | 2,141        |   |
| PROPERTY, PLANT AND EQUIPMENT, Net                                                                                                                                         |                                               | 13,332            |        |    | 12,695       |   |
| OTHER ASSETS                                                                                                                                                               |                                               | 1,406             |        |    | 1,180        |   |
| RESTRICTED TERM DEPOSITS                                                                                                                                                   |                                               | 2,389             |        |    | 2,247        |   |
| TOTAL ASSETS                                                                                                                                                               | $                                                  | 43,666            |        | $       | 41,724       |   |
|                                                                                                                                                                       |                                               |              |        |    |         |   |   |
| LIABILITIES                                                                                                                                                                |                                               |              |        |    |         |   |
| CURRENT LIABILITIES:                                                                                                                                                       |                                               |              |        |    |         |   |
| Lines of credit                                                                                                                                                            | $                                                  | 3,624             |        | $       | 2,532        |   |
| Accounts payable                                                                                                                                                           |                                               | 7,055             |        |    | 7,968        |   |
| Accrued expenses                                                                                                                                                           |                                               | 3,443             |        |    | 3,419        |   |
| Income taxes payable                                                                                                                                                       |                                               | 428               |        |    | 342          |   |
| Current portion of bank loans payable                                                                                                                                      |                                               | 278               |        |    | 478          |   |
| Current portion of capital leases                                                                                                                                          |                                               | 130               |        |    | 57           |   |
|                                                                                                                                                                       | Total current liabilities                          |              | 14,958      |    |         | 14,796 |   |
|                                                                                                                                                                       |                                               |              |        |    |         |   |
| BANK LOANS PAYABLE, net of current portion                                                                                                                                 |                                               | 2,676             |        |    | 2,566        |   |
| CAPITAL LEASES, net of current portion                                                                                                                                     |                                               | 197               |        |    | --           |   |
| DEFERRED TAX LIABILITIES                                                                                                                                                   |                                               | 702               |        |    | 718          |   |
| OTHER NON-CURRENT LIABILITIES                                                                                                                                              |                                               | 471               |        |    | 569          |   |
| TOTAL LIABILITIES                                                                                                                                                          | $                                                  | 19,004            |        |  $ | 18,649       |   |
|                                                                                                                                                                       |                                               |              |        |    |         |   |
| COMMITMENT AND CONTINGENCIES                                                                                                                                               |                                               | --                |        |    | --           |   |
|                                                                                                                                                                       |                                               |              |        |    |         |   |
| EQUITY                                                                                                                                                                     |                                               |              |        |    |         |   |
| TRIO-TECH INTERNATIONAL’S SHAREHOLDERS' EQUITY:                                                                                                                      |                                               |              |        |    |         |   |
| Common stock, no par value, 15,000,000 shares authorized; 3,229,430 and 3, 227,430 shares issued and outstanding as at September 30, 2010, and June 30, 2010, respectively | $                                                  | 10,369            |        | $       | 10,365       |   |
| Paid-in capital                                                                                                                                                            |                                               | 1,616             |        |    | 1,597        |   |
| Accumulated retained earnings                                                                                                                                              |                                               | 6,977             |        |    | 6,486        |   |
| Accumulated other comprehensive gain-translation adjustments                                                                                                               |                                               | 2,722             |        |    | 1,818        |   |
|                                                                                                                                                                       | Total Trio-Tech International shareholders' equity |              | 21,684      |    |         | 20,266 |   |
| NON-CONTROLLING INTEREST                                                                                                                                                   |                                               | 2,978             |        |    | 2,809        |   |
|          TOTAL EQUITY                                                                                                         | $                                                  | 24,662            |        | $       | 23,075       |   |
| TOTAL LIABILITIES AND EQUITY                                                                                                                                               | $                                                  | 43,666            |        | $       | 41,724       |   |

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Table of Contents

| TRIO-TECH INTERNATIONAL AND SUBSIDIARIES |
|------------------------------------------|

|                                                                                                         | Three Months Ended |                                                                                                                             |
|--------------------------------------------------------------------------------------------------------------|--------------------|----------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                         | September 30,      |                                                                                                                             |   | September 30, |   |
|                                                                                                         | 2010               |                                                                                                                             |   | 2009 |   |
| Revenues                                                                                                     |               |                                                                                                                             |   |   |   |
|      Products                                                                       | $                  |       9,203                                                                                        |   |   | $ |         3,862 |   |
|      Testing  Services                                                    |               |       3,474                                                                                        |   |   |   |   2,659 |   |
|      Fabrication Services                                                           |               |               165                                          |   |   |   |           504 |   |
|      Others                                                                         |               |              187                                                |   |   |   |             68 |   |
|                                                                                                         |               |          13,029                                                                     |   |   |   |        7,093 |   |
| Costs of Sales                                                                                               |               |                                                                                                                             |   |   |   |   |   |
|      Cost of products sold                                                          |               |           7,908                                                                |   |   |   |        3,287 |   |
|      Cost of testing services rendered                                              |               |           2,109                                                                |   |   |   |        2,063 |   |
|      Cost of fabrication services rendered                                          |               |                215                                    |   |   |   |            495 |   |
|      Others                                                                         |               |               50                                           |   |   |   |              34 |   |
|                                                                                                         |               |          10,282                                                                     |   |   |   |         5,879 |   |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Gross Margin                                                                                                 |               |            2,747                                                          |   |   |   |         1,214 |   |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Operating Expenses:                                                                                          |               |                                                                                                                             |   |   |   |   |   |
|      General and administrative                                                     |               |            1,830                                                          |   |   |   |         1,583 |   |
|      Selling                                                                        |               |               128                                          |   |   |   |           132 |   |
|      Research and development                                                       |               |                 29                               |   |   |   |             10 |   |
|      Loss / (Gain) on disposal of property, plant and equipment                     |               |                   7                    |   |   |   |              (1 | ) |
|               Total operating expenses |               |            1,994                                                          |   |   |   |        1,724 |   |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Income / (Loss) from Operations                                                                              |               |               753                                          |   |   |   |         (510 | ) |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Other Expenses                                                                                               |               |                                                                                                                             |   |   |   |   |   |
|      Interest expense                                                               |               |              (60                                                | ) |   |   |            (19 | ) |
|      Other expenses                                                                 |               |             (40                                                      | ) |   |   |             (3 | ) |
|      Total other expenses                                                           |               |           (100                                                                 | ) |   |   |           (22 | ) |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Income / (Loss) from Continuing Operations before Income Taxes                                               |               |              653                                                |   |   |   |         ( 532 | ) |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Income Tax Benefit                                                                                           |               |                4                                      |   |   |   |            37 |   |
|   Income / (Loss) from Continuing Operations before Non-controlling Interest, net of tax      |               |              657                                                |   |   |   |         (495 | ) |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Discontinued Operations (NOTE 17)                                                                            |               |                                                                                                                             |   |   |   |   |   |
| Loss from discontinued operations, net of tax                                                                |               |                (2                                     | ) |   |   |           (18 | ) |
| NET INCOME / (LOSS)                                                                                          |               |              655                                                |   |   |   |          (513 | ) |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Less: Net Income / (Loss) Attributable to the Non-controlling Interest                                       |               |           164                                                                  |   |   |   |         ( 91 | ) |
| Net Income / (Loss) Attributable to Trio-Tech International                                                  | $                  |              491                                                |   |   | $ |          (422 | ) |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Amounts Attributable to Trio-Tech International Common Shareholders:                                         |               |                                                                                                                             |   |   |   |   |   |
| Income / (Loss) from Continuing Operations, net of tax                                                       |               |              493                                                |   |   |   |         (404 | ) |
| Loss from Discontinued Operations, net of tax                                                                |               |            (2                                                             | ) |   |   |           (18 | ) |
| Net Income / (Loss) Attributable to Trio-Tech International Common Shareholders                              |               |               491                                          |   |   |   |         (422 | ) |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Comprehensive Income / (Loss)  Attributable to Trio-Tech common Shareholders:                      |               |                                                                                                                             |   |   |   |   |   |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Net Income / (Loss)                                                                                          |               |               655                                          |   |   |   |         (513 | ) |
| Foreign currency translation, net of tax                                                                     |               |               909                                          |   |   |   |           229 |   |
| Comprehensive Income / (Loss)                                                                                |               |            1,564                                                          |   |   |   |         (284 | ) |
| Less: Comprehensive income / (loss) attributable to the non-controlling interest                        |               |            169                                                            |   |   |   |           (56 | ) |
| Comprehensive Income / (Loss) Attributable to Trio-Tech International                                        | $                  | 1,395                                                                                                                            |   |   | $ | (228 | ) |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Basic Earnings / (Loss) per Share:                                                                           |               |                                                                                                                             |   |   |   |   |   |
| Basic earnings / (loss) per Share from continuing operations attributable to Trio-Tech International         | $                  |                  0.15                       |   |   |  $ |              (0.12 | ) |
| Basic loss per share from discontinued operations attributable to Trio-Tech International                    | $                  |                      -- |   |   |  $ |              (0.01 | ) |
| Basic Earnings / (Loss) per share from Net Income / (Loss) Attributable to Trio-Tech International           |               | 0.15                                                                                                                             |   |   |   | (0.13 | ) |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Diluted Earnings / (Loss) per Share:                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Diluted earnings / (loss) per Share from continuing operations attributable to Trio-Tech International       | $                  |                  0.14                       |   |   |  $ |              (0.12 | ) |
| Diluted loss per Share from discontinued operations attributable to Trio-Tech International                  | $                  |                      -- |   |   |  $ |              (0.01 | ) |
| Diluted Earnings / (Loss) per Share from Net Income (Loss) Attributable to Trio-Tech International           |               | 0.14                                                                                                                             |   |   |   | (0.13 | ) |
|                                                                                                         |               |                                                                                                                             |   |   |   |   |   |
| Weighted average number of common shares outstanding — basic                                           |               | 3,228                                                                                                                            |   |   |   |         3,227 |   |
| Dilutive effect of stock options                                                                             |               |           251                                                                  |   |   |   | -- |   |
| Number of Shares used to compute earnings per share — diluted                                          |               |            3,479                                                          |   |   |   |        3,227 |   |

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Table of Contents

SUBSIDIARIES

|                                       |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  |   |
|--------------------------------------------|--------|--------------|--------|--------|--------------------------|--------|--------|----------------------|--------|--------|-------------------------------------|--------|--------|-----------------------|--------|
|                                       |   | Common Stock |   |   |  Additional Paid-in |   |   | Accumulated Retained |   |   |  AccumulatedOtherComprehensive |   |   |  Non Controlling |   |   |   |   |
|                                       |   | Shares       |   |   | Amount                   |   |   | Capital              |   |   | Earnings                            |   |   | Income                |   |   |   Interest |   |   | Total |   |
|                                       |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance at June 30, 2009                   |   |         | 3,227  |   |                     | $      | 10,365 |                 |   | $      | 1,446                               |   |   | $                     | 6,859  |   |   | $ | 1,194 |   |   | $ | 2,918 |   |   | $ | 22,782 |   |
|                                       |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock option expenses                      |   |         |   |   |                     |   |   |                 |   |   | 151                                 |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   | 151 |   |
| Net (loss)                                 |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  | (373   | ) |   |   |   |   |   |   | (219 | ) |   |   | (592 | ) |
| Translation adjustment                     |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  |   |   |   |   | 624 |   |   |   | 110 |   |   |   | 734 |   |
|                                       |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance at June 30, 2010                   |   |         | 3,227  |   |                     | $      | 10,365 |                 |   | $      | 1,597                               |   |   | $                     | 6,486  |   |   | $ | 1,818 |   |   | $ | 2,809 |   |   | $ | 23,075 |   |
|                                       |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash received from stock options exercised |   |         | 2      |   |                     |   | 4      |                 |   |   |                                |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   | 4 |   |
| Stock option expenses                      |   |         |   |   |                     |   |   |                 |   |   | 19                                  |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   | 19 |   |
| Net income                                 |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  | 491    |   |   |   |   |   |   |   | 164 |   |   |   | 655 |   |
| Translation adjustment                     |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  |   |   |   |   | 904 |   |   |   | 5 |   |   |   | 909 |   |
|                                       |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance at September 30, 2010              |   |         | 3,229  |   |                     | $      | 10,369 |                 |   | $      | 1,616                               |   |   | $                     | 6,977  |   |   | $ | 2,722 |   |   | $ | 2,978 |   |   | $ | 24,662 |   |
|                                       |   |         |   |   |                     |   |   |                 |   |   |                                |   |   |                  |   |   |   |   |   |   |   |

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| TRIO-TECH INTERNATIONAL AND SUBSIDIARIES |
|------------------------------------------|

| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS  (IN THOUSANDS) |
|---------------------------------------------------------------------------|

|                                                                                            |   | Three Months Ended |   |
|-------------------------------------------------------------------------------------------------|--------|--------------------|--------|
|                                                                                            |   | September 30,      |   |   | September 30, |   |
|                                                                                            |   | 2010               |   |   | 2009 |   |
|                                                                                            |   | (Unaudited)        |   |   (Unaudited) |   |
| Cash Flow from Operating Activities                                                             |   |               |   |   |   |   |
| Net income / (loss)                                                                             |   | $                  | 655    |   |   | $ | (513 | ) |
| Adjustments to reconcile net income / (loss) to net cash flow used by operating activities      |   |               |   |   |   |   |   |   |
| Depreciation and amortization                                                                   |   |               | 652    |   |   |   | 499 |   |
| Bad debt expense, net                                                                           |   |               | 39     |   |   |   | -- |   |
| Inventory provision                                                                             |   |               | (45    | ) |   |   | 48 |   |
| Accrued interest expense, net of interest income                                                |   |               | 51     |   |   |   | (21 | ) |
| Loss / (Gain) on sale of property-continued operations                                          |   |               | 7      |   |   |   | (1 | ) |
| Stock compensation                                                                              |   |               | 19     |   |   |   | 49 |   |
| Deferred tax provision                                                                          |   |               | (55    | ) |   |   | (28 | ) |
| Changes in operating assets and liabilities, net of acquisition effects                         |   |               |   |   |   |   |   |   |
|   Accounts receivables                                                                |   |               | (1,757 | ) |   |   | (2,108 | ) |
|   Other receivables                                                                   |   |               | (5     | ) |   |   | (62 | ) |
|   Other assets                                                                        |   |               | (226   | ) |   |   | (26 | ) |
|   Inventories                                                                         |   |               | (242   | ) |   |   | 184 |   |
|   Prepaid expenses and other current assets                                           |   |               | (187   | ) |   |   | 196 |   |
|   Accounts payable and accrued liabilities                                            |   |               | (889   | ) |   |   | 851 |   |
|   Income tax payable                                                                  |   |               | 68     |   |   |   | 9 |   |
|   Other non-current liabilities                                                       |   |               | (100   | ) |   |   | (99 | ) |
| Net cash used in operating activities                                                           |   |               | (2,015 | ) |   |   | (1,022 | ) |
|                                                                                            |   |               |   |   |   |   |   |   |
| Cash Flow from Investing Activities                                                             |   |               |   |   |   |   |   |   |
| Proceeds from unrestricted and restricted term deposits, net                                    |   |               | 2,384  |   |   |   | 1,921 |   |
| Investments in unrestricted and restricted term deposits                                        |   |               | --     |   |   |   | (1,385 | ) |
| Additions to property, plant and equipment                                                      |   |               | (611   | ) |   |   | (3,354 | ) |
|     Acquisition of PT SHI Indonesia in Indonesia, net of cash acquired |   |               | --     |   |   |   | 225 |   |
|     Proceeds from disposal of plant, property and equipment                 |   |               | 28     |   |   |   | 1 |   |
| Net cash provided by (used in) investing activities                                        |   |               | 1,801  |   |   |   | (2,592 | ) |
|                                                                                            |   |               |   |   |   |   |   |   |
| Cash Flow from Financing Activities                                                             |   |               |   |   |   |   |   |   |
| Net borrowings on lines of credit                                                               |   |               | 1,079  |   |   |   | -- |   |
| Repayment of bank loans and capital leases                                                 |   |               | (318   | ) |   |   | (273 | ) |
| Proceeds from long-term bank loans and capital leases                                           |   |               | 286    |   |   |   | 2,733 |   |
| Proceeds from exercising stock options                                                          |   |               | 4      |   |   |   | -- |   |
| Net cash provided by financing activities                                                  |   |               | 1,051  |   |   |   | 2,460 |   |
| Effect of Changes in Exchange Rate                                                              |   |               | 257    |   |   |   | 64 |   |
|                                                                                            |   |               |   |   |   |   |   |   |
| NET INCREASE (DECREASE) IN CASH                                                                 |   |               | 1,094  |   |   |   | (1,090 | ) |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                                                  |   |               | 3,244  |   |   |   | 6,037 |   |
| CASH AND CASH EQUIVALENTS, END OF PERIOD                                                        |   | $                  | 4,338  |   |   | $ | 4,947 |   |
| Supplementary Information of Cash Flows                                                         |   |               |   |   |   |   |   |   |
| Cash paid during the period for:                                                                |   |               |   |   |   |   |   |   |
| Interest                                                                                        |   | $                  | 50     |   |   | $ | 6 |   |
| Income taxes                                                                                    |   | $                  | 4      |   |   | $ | -- |   |
|                                                                                            |   |               |   |   |   |   |   |   |
| Non-Cash Transactions                                                                           |   |               |   |   |   |   |   |   |
| Capital lease of property, plant and equipment                                                  |   | $                  | 286    |   |   | $ | -- |   |

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EXCEPT 

|                                                                     |   | 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                                          |   |      | 100    | %        |   | Dublin, Ireland |
| (Operation ceased on November 1, 2005)                                   |   |      |   |     |   |   |
| 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 |
| Trio-Tech (Malaysia) Sdn Bhd                                             |   |      | 55     | %        |   | Penang and Selangor, Malaysia |
| Trio-Tech (Kuala Lumpur) Sdn Bhd100% owned by Trio-Tech Malaysia Sdn Bhd |   |      | 55     | %        |   | Selangor, Malaysia |
| Prestal Enterprise Sdn. Bhd.                                             |   |      | 76     | %        |   | Selangor, Malaysia |
| Trio-Tech (Suzhou) Co. Ltd.                                              |   |      | 100    | %        |   | Suzhou, China |
| Trio-Tech (Shanghai) Co. Ltd.                                            |   |      | 100    | %        |   | Shanghai, China |
| (Operation ceased on January 1, 2010)                                    |   |      |   |     |   |   |
| Trio-Tech (Chongqing) Co. Ltd.                                           |   |      | 100    | %        |   | Chongqing, China |
| SHI International Pte. Ltd.                                              |   |      | 55     | %        |   | Singapore |
| PT SHI Indonesia                                                         |   |      | 55     | %        |   | Batam, Indonesia |
| 100% owned by SHI International Pte. Ltd.                                |   |      |   |     |   |   |
| Trio-Tech (Tianjin) Co. Ltd.                                             |   |      | 100    | %        |   | Tianjin, China |
| 100% owned by Trio-Tech International Pte. Ltd.                          |   |      |   |     |   |   |

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|                                                                                            |   |   |   |
|-------------------------------------------------------------------------------------------------|--------|--------|--------|
| Total purchase price:                                                                           |   |   |   |
|             Cash                    |   | $      | 10     |   |
|             Contingent note payable |   |   | 103    |   |
|                                                                                            |   | $      | 113    |   |
|                                                                                            |   |   |   |   |

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| Allocated as follows:                                                           |   |   |   |
|---------------------------------------------------------------------------------|--------|--------|--------|
|                                                                            |   |   |   |
|     Cash & cash equivalent                                   |   | $      | 235    |   |
|       Accounts receivable                         |   |   | 261    |   |
|       Other current assets                        |   |   | 332    |   |
|        Fixed assets                          |   |   | 298    |   |
|        Accounts payable and accrued expenses |   |   | (876   | ) |
|        Other non-current liabilities         |   |   | (569   | ) |
|        Non-controlling interest              |   |   | --     |   |
| NET ASSETS                                                                      |   | $      | (319   | ) |
|                                                                            |   |   |   |   |
| Goodwill                                                                        |   |   | 432    |   |
| Total purchase price                                                            |   | $      | 113    |   |

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|                                   |   | September 30,2010 |   |   | June 30, |   |
|----------------------------------------|--------|-------------------|--------|--------|----------|--------|
|                                   |   | (Unaudited)       |   |   | 2010     |   |
|                                   |   |              |   |   |     |   |
| Raw materials                          |   | $                 | 1,335  |   |     | $      | 1,214 |   |
| Work in progress                       |   |              | 2,916  |   |     |   | 2,802 |   |
| Finished goods                         |   |              | 260    |   |     |   | 291 |   |
| Less: provision for obsolete inventory |   |              | (862   | )      |     |   | (907 | ) |
|                                   |   | $                 | 3,649  |   |     | $      | 3,400 |   |

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|                    |   | Three Months EndedSeptember 30, |              |
|-------------------------|--------|---------------------------------|-------------------|
|                    |   | 2010                            |              |   | 2009 |   |
| Expected volatility     |   |                            | 107.18-145.18     | % |   |   | 107.18-145.18 | % |
| Risk-free interest rate |   |                            | 1.27 – 2.48 | % |   |   | 1.27 – 2.48 | % |
| Expected life (years)   |   |                            | 2.00 - 3.25       |   |   |   | 2.00 - 3.25 |   |

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|                              |   |    |    |    |                           |   |   |                                                 |   |   |                    |   |
|-----------------------------------|--------|---------|---------|---------|--------------------------------|--------|--------|------------------------------------------------------|--------|--------|-------------------------|--------|
|                              |   | Options |    |    | Weighted- AverageExercisePrice |   |   | Weighted - Average Remaining ContractualTerm (Years) |   |   | AggregateIntrinsicValue |   |
|                              |   |    |    |    |                           |   |   |                                                 |   |   |                    |   |
| Outstanding at July 1, 2010       |   |    | 274,000 |    |                           | $      | 3.32   |                                                 |   |   | 3.48                    |   |   | $ | 409 |   |
| Granted                           |   |    | --      |    |                           |   | --     |                                                 |   |   | --                      |   |   |   | -- |   |
| Exercised                         |   |    | (2,000  | )  |                           |   | 1.72   |                                                 |   |   |   --               |   |   |   | 4 |   |
| Forfeited or expired              |   |    | (1,500  | )  |                           |   | 2.75   |                                                 |   |   | 3.28                    |   |   |   | --  |   |
| Outstanding at September 30, 2010 |   |    | 270,500 |    |                           | $      | 3.33   |                                                 |   |   | 3.22                    |   |   | $ | 570 |   |
| Exercisable at September 30, 2010 |   |    | 154,375 |    |                           | $      | 3.84   |                                                 |   |   | 3.12                    |   |   | $ | 282 |   |

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|                             |   |    |    |   | Weighted-Average Grant-Date |   |
|----------------------------------|--------|---------|---------|--------|-----------------------------|--------|
|                             |   | Options |    |   | Fair Value                  |   |
|                             |   |    |    |   |                        |   |
| Non-vested at July 1, 2010       |   |    | 127,125 |   |                        | $      | 4.83 |   |
| Granted                          |   |    | --      |   |                        |   | -- |   |
| Vested                           |   |    | (9,500  | )      |                        |   | 2.56 |   |
| Forfeited                        |   |    | (1,500  | )      |                        |   | 1.79 |   |
| Non-vested at September 30, 2010 |   |    | 116,125 |   |                        | $      | 5.10 |   |
|                             |   |    |    |   |                        |   |

|                              |   |    |    |   |                           |   |   |                                                 |   |   |                    |   |
|-----------------------------------|--------|---------|---------|--------|--------------------------------|--------|--------|------------------------------------------------------|--------|--------|-------------------------|--------|
|                              |   | Options |    |   | Weighted- AverageExercisePrice |   |   | Weighted - Average Remaining ContractualTerm (Years) |   |   | AggregateIntrinsicValue |   |
|                              |   |    |    |   |                           |   |   |                                                 |   |   |                    |   |
| Outstanding at July 1, 2010       |   |    | 200,000 |   |                           | $      | 5.00   |                                                 |   |   | 3.40                    |   |   | $ | 170 |   |
| Granted                           |   |    | --      |   |                           |   | --     |                                                 |   |   | --                      |   |   |   | -- |   |
| Exercised                         |   |    | --      |   |                           |   | --     |                                                 |   |   | --                      |   |   |   | -- |   |
| Forfeited or expired              |   |    | --      |   |                           |   | --     |                                                 |   |   | --                      |   |   |   | -- |   |
| Outstanding at September 30, 2010 |   |    | 200,000 |   |                           | $      | 5.00   |                                                 |   |   | 2.90                    |   |   | $ | 240 |   |
| Exercisable at September 30, 2010 |   |    | 200,000 |   |                           | $      | 5.00   |                                                 |   |   | 2.90                    |   |   | $ | 240 |   |

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|                                                                                                               |   | Three Months Ended September 30, |      |
|--------------------------------------------------------------------------------------------------------------------|--------|----------------------------------|-----------|
|                                                                                                               |   | 2010                             |      |   | 2009 |   |
|                                                                                                               |   | (Unaudited)                      |      |   | (Unaudited) |   |
| Income / (loss) attributable to Trio-Tech International common shareholders from continuing operations, net of tax |   | $                                | 493       |   |   | $ | (404 | ) |
|                                                                                                               |   |                             |      |   |   |   |   |   |
| Loss attributable to Trio-Tech International common shareholders from discontinued operations, net of tax          |   | $                                | (2        | ) |   | $ | (18 | ) |
| Net income / (loss) attributable to Trio-Tech International common shareholders                                    |   | $                                | 491       |   |   | $ | (422 | ) |
| Basic earnings/ (loss) per share                                                                                   |   |                             |      |   |   |   |   |   |
| Basic earnings / (loss) per share from continuing operations attributable to Trio-Tech International               |   | $                                | 0.15      |   |   | $ | (0.12 | ) |
| Basic  loss per share from discontinued operation attributable to Trio-Tech International                |   |                             | --        |   |   |   | (0.01 | ) |
| Basic  earnings / (loss) per share from net income / (loss) attributable to Trio-Tech International      |   | $                                | 0.15      |   |   | $ | (0.13 | ) |
| Diluted  earnings / (loss) per share                                                                     |   |                             |      |   |   |   |   |   |
| Diluted  earnings / (loss) per share from continuing operations attributable to Trio-Tech International  |   | $                                | 0.14      |   |   | $ | (0.12 | ) |
| Diluted loss per share from discontinued operation attributable to Trio-Tech International                         |   |                             | --        |   |   |   | (0.01 | ) |
| Diluted  earnings / (loss) per share from net income / (loss) attributable to Trio-Tech International    |   | $                                | 0.14      |   |   | $ | (0.13 | ) |
|                                                                                                               |   |                             |      |   |   |   |   |   |
|      Weighted average number of common shares outstanding — basic                   |   |                             | 3,227,990 |   |   |   |  3,226,903 |   |
|      Dilutive effect of stock options                                                     |   |                             | 250,611   |   |   |   | -- |   |
|      Number of shares used to compute earnings per share — diluted                  |   |                             | 3,478,601 |   |   |   | 3,226,903 |   |

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|                          |   | September 30,2010 |   |   | June 30, |   |
|-------------------------------|--------|-------------------|--------|--------|----------|--------|
|                          |   | (Unaudited)       |   |   | 2010     |   |
|                          |   |              |   |   |     |   |
| Beginning                     |   | $                 | 91     |   |     | $      | 165 |   |
| Additions charged to expenses |   |              | 39     |   |     |   | 42 |   |
| Recovered                     |   |              | (5     | )      |     |   | (116 | ) |
| Actual write-offs             |   |              | -      |   |     |   | - |   |
| Ending                        |   | $                 | 125    |   |     | $      | 91 |   |

|                                   |   | September 30, 2010(Unaudited) |   |   | June 30,2010 |
|----------------------------------------|--------|-------------------------------|--------|--------|--------------|
| Beginning                              |   | $                             | 113    |   |         | $ | 49 |   |
| Additions charged to cost and expenses |   |                          | -      |   |         |   | 112 |   |
| Reversal                               |   |                          | (29    | )      |         |   | (9 | )  |
| Actual usage                           |   |                          | (20    | )      |         |   | (39 | ) |
| Ending                                 |   | $                             | 64     |   |         | $ | 113 |   |

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|                                                       |                   |   |                   |   |   |                            |   |
|------------------------------------------------------------|------------------------|--------|------------------------|--------|--------|---------------------------------|--------|
|                                                       |   Investment Date |   | Investment Amount(RMB) |   |   | Investment Amount(U.S. Dollars) |   |
| Investment in developments - JiaSheng                      | 08/27/2007             |   |                   | 10,000 |   |                            |   | 1,494 |   |
| Investment in developments - JiaSheng                      | 12/17/2007             |   |                   | 5,000  |   |                            |   | 747 |   |
| Return of investment in developments  - JiaSheng | 06/26/2008             |   |                   | (5,000 | )      |                            |   | (747 | ) |
| Return of investment in developments - JiaSheng            | 10/23/2008             |   |                   | (1,988 | )      |                            |   | (297 | ) |
| Return of  investment in developments - JiaSheng | 11/20/2009             |   |                   | (1,988 | )      |                            |   | (297 | ) |
| Net investment in developments - JiaSheng                  |                   |   |                   | 6,024  |   |                            |   | 900 |   |

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|                                                      |                   |   | Investment Amount |   |   | Investment Amount |   |
|-----------------------------------------------------------|------------------------|--------|-------------------|--------|--------|-------------------|--------|
|                                                      |   Investment Date |   | (RMB)             |   |   | (U.S. Dollars)    |   |
| Purchase of rental property - MaoYe                       | 01/04/2008             |   |              | 5,554  |   |              |   | 830 |   |
| Purchase of rental property - JiaSheng                    | 10/23/2008             |   |              | 7,042  |   |              |   | 1,053 |   |
| Additional cost of rental property - JiaSheng             | 12/01/2009             |   |              | 209    |   |              |   | 31 |   |
| Investment rental property disposed - JiaSheng            | 02/05/2010             |   |              | (579   | )      |              |   | (87 | ) |
| Net Investment in rental property                         |                   |   |              | 12,226 |   |              |   | 1,827 |   |
|                                                      |                   |   |              |   |   |              |   |   |   |
| Purchase of  rental property – Jiang Huai | 01/06/2010             |   |              | 3,600  |   |              |   | 538 |   |
|                                                      |                   |   |              |   |   |              |   |   |   |
| Accumulated depreciation on rental property               | 09/30/2010             |   |              | (1,483 | )      |              |   | (221 | ) |
|                                                      |                   |   |              |   |   |              |   |   |   |
| Investment in property - China                            |                   |   | 14,343            |   |   |              | 2,144  |   |
|                                                      |                   |   |              |   |   |              |   |   |   |

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|                      |   | Quarter EndedSep. 30, |       |   | Net Sales |   |   | Operating Income / (Loss) |   |   | TotalAssets |    |   | Depr. and Amort. |   |   | Capital Expenditures |   |
|---------------------------|--------|-----------------------|------------|--------|-----------|--------|--------|---------------------------|--------|--------|-------------|---------|--------|------------------|--------|--------|----------------------|--------|
| Manufacturing             |   |                  | 2010       |   |      | $      | 8,974  |                      |   | $      | 153         |    |   | $                | 4,715  |   |                 | $      | 60 |   |   |   | 3 |   |
|                      |   |                  | 2009       |   |      |   | 3,715  |                      |   |   | (171        | )       |   |             | 3,683  |   |                 |   | 50 |   |   |   | 2 |   |
|                      |   |                  |       |   |      |   |   |                      |   |   |        |    |   |             |   |   |                 |   |   |   |   |   |   |   |
| Testing Services          |   |                  | 2010       |   |      |   | 3,474  |                      |   |   | 442         |    |   |             | 31,596 |   |                 |   | 465 |   |   |   | 603 |   |
|                      |   |                  | 2009       |   |      |   | 2,659  |                      |   |   | (209        | )       |   |             | 21,665 |   |                 |   | 372 |   |   |   | 4,214 |   |
|                      |   |                  |       |   |      |   |   |                      |   |   |        |    |   |             |   |   |                 |   |   |   |   |   |   |   |
| Distribution              |   |                  | 2010       |   |      |   | 229    |                      |   |   | 31          |    |   |             | 438    |   |                 |   | - |   |   |   | - |   |
|                      |   |                  | 2009       |   |      |   | 147    |                      |   |   | 14          |    |   |             | 124    |   |                 |   | 1 |   |   |   | - |   |
|                      |   |                  |       |   |      |   |   |                      |   |   |        |    |   |             |   |   |                 |   |   |   |   |   |   |   |
| Real Estate               |   |                  |  2010 |   |      |   | 187    |                      |   |   | 89          |    |   |             | 4,141  |   |                 |   | 31 |   |   |   | - |   |
|                      |   |                  |  2009 |   |      |   | 68     |                      |   |   | 14          |    |   |             | 3,384  |   |                 |   | 25 |   |   |   | - |   |
|                      |   |                  |       |   |      |   |   |                      |   |   |        |    |   |             |   |   |                 |   |   |   |   |   |   |   |
| Fabrication Services      |   |                  |  2010 |   |      |   | 165    |                      |   |   | (187        | )  |   |             | 934    |   |                 |   | 96 |   |   |   | 5 |   |
|                      |   |                  |  2009 |   |      |   | 504    |                      |   |   |  (272  | )       |   |             | 2,005  |   |                 |   | 51 |   |   |   | 355 |   |
|                      |   |                  |       |   |      |   |   |                      |   |   |        |    |   |             |   |   |                 |   |   |   |   |   |   |   |
| Corporate and Unallocated |   |                  |  2010 |   |      |   | -      |                      |   |   |  225   |    |   |             | 1,842  |   |                 |   | - |   |   |   | - |   |
|                      |   |                  |  2009 |   |      |   | -      |                      |   |   | 114         |    |   |             | 1,580  |   |                 |   | - |   |   |   | - |   |
|                      |   |                  |       |   |      |   |   |                      |   |   |        |    |   |             |   |   |                 |   |   |   |   |   |   |   |
| Total Company             |   |                  |  2010 |   |      | $      | 13,029 |                      |   | $      | 753         |    |   | $                | 43,666 |   |                 | $      | 652 |   |   | $ | 611 |   |
|                      |   |                  |  2009 |   |      | $      | 7,093  |                      |   | $      | (510        | )  |   | $                | 32,441 |   |                 | $      | 499 |   |   | $ | 4,571 |   |

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|                                                                        |   | Three Months EndedSeptember 30, |   |
|-----------------------------------------------------------------------------|--------|--------------------------------------|--------|
|                                                                        |   | 2010                                 |   |   | 2009 |   |
| Non-controlling interest                                                    |   | (Unaudited)                          |   |   | (Unaudited) |   |
| Beginning balance                                                           |   | $                                    | 2,809  |   |   | $ | 2,918 |   |
| Comprehensive income / (loss) attributable to the non- controlling interest |   |                                 | 169    |   |   |   | (56 | ) |
| Ending balance                                                              |   | $                                    | 2,978  |   |   | $ | 2,862 |   |

|                                |   |                        |   |   | Basis of Fair Value Measurements                                       |   |
|-------------------------------------|--------|-----------------------------|--------|--------|------------------------------------------------------------------------|--------|
|   (Unaudited)                  |   | As ofSeptember 30,2010 |   |   | 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                 |   | $                           | 382    |   |                                                                   | $      | 382 |   |   | $ | - |   |   | $ | - |   |
| Restricted short-term deposits      |   | $                           | 2,389  |   |                                                                   | $      | 2,389 |   |   | $ | - |   |   | $ | - |   |
| Total assets measured at fair value |   | $                           | 2,771  |   |                                                                   | $      | 2,771 |   |   | $ | - |   |   | $ | - |   |
|                                |   |                        |   |   |                                                                   |   |   |   |   |   |   |   |   |   |   |   |
| Percentage of total assets          |   |                        | 6.3    | %      |                                                                   |   | 6.3 | % |   |   | - |   |   |   | - |   |

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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | September 30,2010 (Unaudited) |   |   | June 30,2010 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------|--------|--------|--------------|--------|
| 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 (4.55% at September 30, 2010) per annum, with monthly payments of principal plus interest through August 2024, collateralized by the acquired building.                                                                                                                                                                                              |   | $                             | 2,954  |   |         | $      | 2,829 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                          |   |   |         |   |   |   |
| Note payable denominated in Singapore dollars to a commercial bank for expansion plans in Singapore and China, maturing in August 2010, bearing interest at the bank’s prime rate (5.53% plus 0.25%  at June 30, 2010)  with monthly payments of principal plus interest of $18 through August 2010. This note payable is secured by cash deposits of $1,998, restricted term deposits on the consolidated balance sheet. (Note payable of $215 maturing in August 2010 was paid off in August 2010.) |   |                          | -      |   |         |   | 215 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                          |   |   |         |   |   |   |
| Current portion                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                          | (278   | )      |         |   | (478 | ) |
| Long term portion of bank loans payable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | $                             | 2,676  |   |         | $      | 2,566 |   |

| 2012                              |   | $      |                           278 |   |
|-----------------------------------|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| 2013                              |   |   |                           278 |   |
| 2014                              |   |   |                           278 |   |
| 2015                              |   |   |                           278 |   |
| 2016                              |   |   |                           278 |   |
| Thereafter                        |   |   | 1,564                                                                                                                                                           |   |
| Total obligations and commitments |   | $      |                     2,954                                   |   |

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| 17.   | DISCONTINUED OPERATION AND CORRESPONDING RESTRUCTURING PLAN |
|-----------------|-------------------------------------------------------------|

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|                             |   | Three Months Ended |   |
|----------------------------------|--------|--------------------|--------|
|                             |   | September 30,      |   |   | September 30, |   |
|                             |   | 2010               |   |   | 2009 |   |
|                             |   | (Unaudited)        |   |   | (Unaudited) |   |
|                             |   |               |   |   |   |   |
| NET SALES                        |   | $                  | --     |   |   | $ | 12 |   |
| COST OF SALES                    |   |               | --     |   |   |   | 22 |   |
|                             |   |               |   |   |   |   |   |   |
| GROSS LOSS                       |   |               | --     |   |   |   | (10 | ) |
| OPERATING EXPENSES:              |   |               |   |   |   |   |   |   |
| General and administrative       |   |               | 2      |   |   |   | 8 |   |
| Total                            |   |               | 2      |   |   |   | 8 |   |
|                             |   |               |   |   |   |   |   |   |
| LOSS FROM DISCONTINUED OPERATION |   |               | (2     | ) |   |   | (18 | ) |
|                             |   |               |   |   |   |   |   |   |
| OTHER EXPENSE                    |   |               | --     |   |   |   | -- |   |
|                             |   |               |   |   |   |   |   |   |
| LOSS FROM DISCONTINUED OPERATION |   | $                  | (2     | ) |   | $ | (18 | ) |

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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)

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|   ● | Manufacturing segment revenue increased by $5,259, or 141.6%, to $8,974 for the first quarter of fiscal 2011, compared to $3,715 for the same period in fiscal 2010.  |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   ● | Testing segment revenue increased by $815, or 30.7%, to $3,474 for the first quarter of fiscal 2011, compared to $2,659 for the same period in fiscal 2010.           |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   ● | Fabrication Services segment revenue decreased by $339, or 67.3%, to $165 for the first quarter of fiscal 2011, compared to $504 for the same period in fiscal 2010.  |

|   ● | Distribution segment revenue increased by $82, or 55.8%, to $229 for the first quarter of fiscal 2011, compared to $147 for the same period in fiscal 2010.  |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   ● | Real Estate segment revenue increased by $119, or 175.0%, to $187 for the first quarter of fiscal 2011, compared to $68 for the same period in fiscal 2010.  |

|   ● | Income from operations increased by $1,263 to $753 for the first quarter of fiscal 2011, compared to a loss of $510 for the same period in fiscal 2010.  |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   ● | The overall gross profit margins increased by 4.0% to 21.1% for the first quarter of fiscal 2011, from 17.1% for the same period in fiscal 2010.         |

|   ● | General and administrative expenses as a percentage of revenue decreased by 8.3% from 22.3% of revenue for the first quarter of fiscal 2010 to 14.0% of revenue for the first quarter of fiscal 2011.  |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   ● | Net income increased by $1,168, to $655 for the first quarter of 2011 as compared to a loss of $513 for the first quarter of fiscal 2010. |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------|

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|                                                                                                                                 |   | Three Months EndedSeptember 30, |   |
|--------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------|--------|
|                        |   | 2010                            |   |   | 2009 |   |
| Net Sales:                                                                                                                           |   |                            |   |   |   |   |
| Manufacturing                                                                                                                        |   |                            | 68.8   | % |   |   | 52.3 | % |
| Testing Services                                                                                                                     |   |                            | 26.7   |   |   |   | 37.5 |   |
| Fabrication Services                                                                                                                 |   |                            | 1.3    |   |   |   | 7.1 |   |
| Distribution                                                                                                                         |   |                            | 1.8    |   |   |   | 2.1 |   |
| Real Estate                                                                                                                          |   |                            | 1.4    |   |   |   | 1.0 |   |
| Total                                                                                                                                |   |                            | 100.0  | % |   |   | 100.0 | % |

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|                          |   | Three Months Ended September 30, |   |
|-------------------------------|--------|----------------------------------|--------|
|                          |   | 2010                             |   |   | 2009 |   |
| Net Sales                     |   |                             | 100.0  | % |   |   | 100.0 | % |
| Cost of sales                 |   |                             | 78.9   |   |   |   | 82.9 |   |
| Gross Margin                  |   |                             | 21.1   | % |   |   | 17.1 | % |
| Operating expenses            |   |                             |   |   |   |   |   |   |
| General and administrative    |   |                             | 14.0   | % |   |   | 22.4 |   |
| Selling                       |   |                             | 1.0    |   |   |   | 1.9 |   |
| Research and development      |   |                             | 0.2    |   |   |   | 0.1 |   |
| Loss on disposal of PP&E  |   |                             | 0.1    |   |   |   | - |   |
| Total operating expenses      |   |                             | 15.3   | % |   |   | 24.4 | % |
| Income (Loss) from Operations |   |                             | 5.8    | % |   |   | (7.3 | )% |

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|                                  |   | Three Months EndedSeptember 30, |   |
|---------------------------------------|--------|---------------------------------|--------|
| (Unaudited)                           |   | 2010                            |   |   | 2009 |   |
| General and administrative            |   | $                               | 1,830  |   |   | $ | 1,583 |   |
| Selling                               |   |                            | 128    |   |   |   | 132 |   |
| Research and development              |   |                            | 29     |   |   |   | 10 |   |
| Loss / (Gain) on disposal of PP&E |   |                            | 7      |   |   |   | (1 | ) |
| Total                                 |   | $                               | 1,994  |   |   | $ | 1,724 |   |

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|             |   | Three Months EndedSeptember 30, |   |
|------------------|--------|---------------------------------|--------|
| (Unaudited)      |   | 2010                            |   |   | 2009 |   |
| Interest expense |   | $                               | (60    | )  |   | $ | (19 | )  |

|           |   | Three Months EndedSeptember 30, |   |
|----------------|--------|---------------------------------|--------|
| (Unaudited)    |   | 2010                            |   |   | 2009 |   |
| Other expenses |   | $                               | (40    | )  |   | $ | (3 | )  |

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|                          |   | Three Months EndedSeptember 30, |   |
|-------------------------------|--------|---------------------------------|--------|
| (Unaudited)                   |   | 2010                            |   |   | 2009 |   |
| Revenue                       |   | $                               | 8,974  |   |   | $ | 3,715 |   |
| Gross margin                  |   |                            | 13.9   | % |   |   | 14.6 | % |
| Income (loss) from operations |   | $                               | 153    |   |   | $ | (171 | ) |

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|                          |   | Three Months EndedSeptember 30, |   |
|-------------------------------|--------|---------------------------------|--------|
| (Unaudited)                   |   | 2010                            |   |   | 2009 |   |
| Revenue                       |   | $                               | 3,474  |   |   | $ | 2,659 |   |
| Gross margin                  |   |                            | 39.3   | % |   |   | 22.4 | % |
| Income (loss) from operations |   | $                               | 442    |   |   | $ | (209 | ) |

|                   |   | Three Months EndedSeptember 30, |   |
|------------------------|--------|---------------------------------|--------|
| (Unaudited)            |   | 2010                            |   |   | 2009 |   |
| Revenue                |   | $                               | 229    |   |   | $ | 147 |   |
| Gross margin           |   |                            | 23.1   | % |   |   | 21.8 | % |
| Income from operations |   | $                               | 31     |   |   | $ | 14 |   |

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|                   |   | Three Months EndedSeptember 30, |   |
|------------------------|--------|---------------------------------|--------|
| (Unaudited)            |   | 2010                            |   |   | 2009 |   |
| Revenue                |   | $                               | 187    |   |   | $ | 68 |   |
| Gross margin           |   |                            | 73.4   | % |   |   | 49.1 | % |
| Income from operations |   | $                               | 89     |   |   | $ | 14 |   |

|                 |   | Three Months EndedSeptember 30, |   |
|----------------------|--------|---------------------------------|--------|
| (Unaudited)          |   | 2010                            |   |   |   | 2009 |   |
| Revenue              |   | $                               | 165    |   |   |   | $ | 504 |   |
| Gross margin         |   |                            | (30.2  | )% |   |   |   | 1.8 | % |
| Loss from operations |   | $                               | (187   | )  |   |   | $ | (272 | )  |

|                   |   | Three Months EndedSeptember 30, |   |
|------------------------|--------|---------------------------------|--------|
| (Unaudited)            |   | 2010                            |   |   | 2009 |   |
| Income from operations |   | $                               | 225    |   |   | $ | 114 |   |

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MARKET 

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INFORMATION

Use 

Item 

|           31.1           31.2           32 | Rule 13a-14(a) Certification of Principal Executive Officer of Registrant Rule 13a-14(a) Certification of Principal Financial Officer of Registrant Section 1350 Certification. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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SIGNATURES

|   | TRIO-TECH INTERNATIONAL By:  /s/  Victor H.M. Ting            Victor H.M. TingVice President and Chief Financial Officer(Principal Financial Officer)Dated: November 15, 2010 |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|