(OTC:CNPI)

Thursday, July 22, 2010

    Three months ended March 31,     Year ended December 31,  
    Note     2010     2009            2009     2008     2007  
          Unaudited     Unaudited           Audited        
                                     
Revenues       $  20,561,994   $  17,778,625   $  70,974,991   $  54,407,035   $  43,323,050  
Cost of goods sold         13,635,697     12,026,713     47,353,025     38,648,902     31,316,987  
Gross margin         6,926,297     5,751,912     23,621,966     15,758,133     12,006,063  
Operating expenses                                    
   Selling expenses         677,951     731,894     2,430,278     2,002,198     1,744,043  
   General and administrative expenses         453,302     371,215     1,666,483     2,044,405     1,413,795  
          1,131,253     1,103,109     4,096,761     4,046,603     3,157,838  
Other income (expenses)                                    
   Interest income         7,310     8,210     48,590     90,751     72,084  
   Interest expense         (67,514 )   (72,167 )   (291,282 )   (322,313 )   (250,984 )
   Other income         3,981     68,467     119,175     51,753     171,123  
          (56,223 )   4,510     (123,517 )   (179,809 )   (7,777 )
Income before income tax expense         5,738,821     4,653,313     19,401,688     11,531,721     8,840,448  
                                     
   Income tax expense   13     1,178,356     931,334     4,011,483     2,200,930     1,792,482  
Net income       $  4,560,465   $  3,721,979   $  15,390,205   $  9,330,791   $  7,047,966  
                                     
Comprehensive income:                                    
Net income         4,560,465     3,721,979     15,390,205     9,330,791     7,047,966  
   Foreign currency translation adjustment         4,161     24,050     50,227     1,075,257     948,928  
Comprehensive income       $  4,564,626   $  3,746,029   $  15,440,432   $  10,406,048   $  7,996,894  


Market Data powered by QuoteMedia. Terms of Use