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Tracking 1053 U.S. listed China Stocks and Counting...
Tracking 1535 U.S. Stocks and Counting...
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Reverse Merger Activity
Monday, July 19, 2010
Full Year
2009
2008
$
% of Sales
$
% of Sales
Net sales
2,730,954
100
%
-
N/A
%
Cost of goods sold
1,301,400
48
%
-
N/A
%
Gross profit
1,429,554
52
%
-
N/A
%
Operating expenses
427,260
15
%
139,381
N/A
%
Income from operations
1,002,294
37
%
139,381
N/A
%
Other income (expenses), net
111,169
4
%
493,412
N/A
%
Income tax expense
282,098
10
%
-
N/A
%
Net income
831,365
31
%
354,031
N/A
%
_____________________________________________________________________________
2010 March Quarter
2010
2009
$
% of Sales
$
% of Sales
Net sales
232,118
100
%
207,958
100
%
Cost of goods sold
112,567
48
%
123,274
59
%
Gross profit
119,551
52
%
84,684
41
%
Operating expenses
216,446
94
%
70,623
34
%
Income (loss) from operations
(96,895
)
(42
) %
14,061
7
%
Other Income (expenses), net
230,208
99
%
(31
)
-
%
Income tax expense
38,160
16
%
-
-
%
Net income
95,153
41
%
14,030
7
%
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