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DEYU AGRICULTURE CP (OTC:DEYU)

Tuesday, May 4, 2010

For the Years Ended December 31,
	2009			2008

Net Revenue	$	40,732,447		$	17,269,937
Cost of Goods Sold		(30,136,581	)		(12,673,361	)
Gross profit		10,595,866			4,596,576

Operating expenses
Selling expenses		(1,947,613	)		(770,157	)
General and administrative expenses		(719,910	)		(272,091	)
Other expenses		(556,312	)		-
Research and development expenses		(98,087	)		(43,364	)
Total operating expenses		(3,321,922	)		(1,085,612	)

Operating Income		7,273,944			3,510,964

Other income (expenses):
Interest Income		10,081			1,440
Interest Expense		(102,893	)		(47,289	)
Total other expenses		(92,812	)		45,849

Income before income tax		7,181,132			3,465,115
Provision(benefit) for income tax		-			-
Net Income	$	7,181,132		$	3,465,115