China Shandong Indus (GREY:CSNH)

Wednesday, March 3, 2010


   
Six months ended June 30,
(unaudited)
   
Twelve months ended December 31,
 
   
2009
   
2008
   
2008
   
2007
 
                         
Net revenues
  $ 29,696,088.95     $ 19,263,982.33     $ 43,310,013.06     $ 37,128,229.93  
Cost of sales
    22,166,805.37        14,000,599.16       32,069,654.71       30,062,768.37  
                                 
Gross profit
    7,529,283.58       5,263,383.17       11,240,358.36       7,065,461.56  
Operating expenses:
                               
Selling
    298,728.82       355,639.86       698,121.63       718,170.03  
General and administrative
    772,274.39       809,847.95       1,876,523.23       754,841.85  
                                 
Operating income
    6,458,280.37       4,105,217.71       8,665,713.49       5,592,449.68  
Other income
    10,056.44       7,090.53       12,034.07       14,265.54  
Interest income
                               
Interest expenses
    291,916.71       325,036.16       765,034.07       430,083.28  
                                 
Income before income taxes
    6,176,420.10       3,787,272.08       7,912,713.49       5,176,631.93  
Income tax
    1,544,105.03       944,987.43       1,978,178.37       776,494.79  
                                 
Net income
    4,632,315.08       2,834,962.29       5,934,535.12       4,400,137.14  


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