Jinzanghuang Tibet (OTC BB:JZHG)

GeoProfile
Overview
GeoResearch
Message Board
Alerts Log
GeoWire Log
Third party data
Quote
Level II
Historical Prices
Options
Profile
Financials
Charts
News
Filings
Insiders

Do you represent this company?

Learn how we can help increase your exposure to investors.

Company Description

JINZANGHUANG TIBET PHARMACEUTICALS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(Unaudited)

	Three Months Ended December 31,				Six Months Ended December 31,
	2011		2010		2011		2010
REVENUE
Pharmaceutical products	$	-	$	-	$	-	$	26,673
Services		2,659,182		553,038		5,223,765		553,038
		2,659,182		553,038		5,223,765		579,711
COST OF SALES
Pharmaceutical products		-		-		-		24,299
Services		441,349		68,872		675,181		68,872
Business and sales related tax		148,830		-		278,142		-
		590,179		68,872		953,323		93,171

GROSS PROFIT		2,069,003		484,166		4,270,442		486,540

COSTS AND EXPENSES
General and Administrative Expenses		72,514		64,858		187,153		98,737
OPERATING INCOME		1,996,489		419,308		4,083,289		387,803

OTHER INCOME		6,348		-		7,402		-

INCOME BEFORE INCOME TAX		2,002,837		419,308		4,090,691		387,803

INCOME TAX		397,729		106,993		873,295		100,060

NET INCOME		1,605,108		312,315		3,217,396		287,743

LESS: NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS		74,695		15,995		157,371		14,437

NET INCOME ATTRIBUTABLE TO THE COMPANY		1,530,413		296,320		3,060,025		273,306

OTHER COMPREHENSIVE INCOME
Foreign currency translation gain, net of tax		56,457		20,011		128,076		39,938

COMPREHENSIVE INCOME		1,586,870		316,331		3,188,101		313,244

LESS: OTHER COMPREHENSIVE INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS		2,823		10,512		7,516		26,581

COMPREHENSIVE INCOME ATTRIBUTABLE TO THE COMPANY	$	1,584,047	$	305,819	$	3,180,585	$	286,663

Basic and diluted earnings per common share	$	0.04	$	0.01	$	0.08	$	0.01

Weighted average number of shares outstanding		40,665,063		40,665,063		40,665,063		40,665,063

The accompanying notes are an integral part of these condensed consolidated financial statements.

Last updated February 17, 2012