Navigation Links
American Oriental Bioengineering Reports First Quarter 2011 Financial Results
Date:5/9/2011

E AND COMPREHENSIVE INCOME(UNAUDITED)THREE MONTHS ENDEDMARCH 3120112010Revenues$52,002,110

$53,749,768Cost of sales26,926,20025,513,047GROSS PROFIT25,075,91028,236,721Selling, general & administrative expenses11,239,24710,742,712Advertising costs3,821,1486,748,470Research and development costs2,701,2122,778,809Depreciation and amortization 1,770,7111,596,958Total operating expenses 19,532,31821,866,949INCOME FROM OPERATIONS5,543,5926,369,772Equity in (losses) earnings from unconsolidated entities(409,886)117,473Interest expense, net(1,513,585)(1,565,785)Other expenses, net425,88012,247INCOME BEFORE INCOME TAXES4,046,0014,933,707Income tax3,124,8551,815,930NET INCOME921,1463,117,777Net loss attributable to non-controlling interest3,0065,400NET INCOME ATTRIBUTABLE TO CONTROLLING INTEREST924,1523,123,177OTHER COMPREHENSIVE INCOME3,132,46692,849COMPREHENSIVE INCOME$4,056,618

$3,216,026EARNINGS PER COMMON SHAREBasic$0.01

$0.04Diluted$0.01

$0.04WEIGHTED AVERAGE SHARES OUTSTANDINGBasic74,987,37474,697,044Diluted76,018,56189,460,953AMERICAN ORIENTAL BIOENGINEERING, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(UNAUDITED)MARCH 31,DECEMBER 31,20112010CURRENT ASSETSCash and cash equivalents

$

111,432,776

$

94,568,520Restricted Cash875,318537,297Accounts and notes receivable, net46,865,37580,598,919Inventories, net25,138,00412,665,586Advances to suppliers and prepaid expenses16,715,34614,246,144Deferred tax assets440,174649,503Other current assets3,394,0632,986,005Total Current Assets204,861,056206,251,974LONG-TERM ASSETSProperty, plant and equipment, net108,907,254109,547,616Land use rights, net155,562,594155,433,311Other long term assets8,212,6458,167,880Construction in progress28,556,11722,516,044Other intangible assets, net14,144,11314,889,127Goodwill33,164,12133,164,121Investments in and advances to equity investments58,933,17259,068,491Deferred tax assets145,302147,024Unamortized financin
'/>"/>

SOURCE American Oriental Bioengineering, Inc.
Copyright©2010 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5

Related biology technology :

1. American Laser Centers Opens Three Minneapolis-St. Paul Area Clinics
2. IDIS Opens New American Office in Response to Industrys Growing Need for Pre-Launch Named Patient Programs
3. Bacon Eating Contest Raises Money for American Heart Association
4. Preliminary Report of American Biotech Labs HIV Study Featured in Inaugural Issue of Journal of the Science of Healing Outcomes
5. ESA Receives 2008 Frost & Sullivan North American Technology Innovation Award for Development of Integrated Metabolomics Systems
6. American Oriental Bioengineering Announces Participation in September Investor Conferences
7. Ondine Announces Presentation of Positive Clinical Trial Results at the American Academy of Periodontologys 94th Annual Meeting
8. PLC Systems Receives Delisting Notice From American Stock Exchange
9. Risky Business: New Survey Suggests Many Americans Live Dangerously, Even When They Say They Arent Risk Takers
10. Best Practices Document on Cryoablation Posted on Website of American Urological Association
11. Tips from the journals of the American Society for Microbiology
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/23/2013)... Calif. , May 23, 2013 ... a strategic alliance with DAK Renewable Research to ... corn oil yield. VG Energy is a majority ... Pink: VGLS). VG Energy,s exclusively licensed ... increase the oil yield in plants, possessing a ...
(Date:5/23/2013)... Z Trim Holdings, Inc. (OTC Markets: ZTHO), ... of industries, announced that Chef Erin Ryan ... year,s National Restaurant Association ("NRA") NRA Show, which was ... Research Chefs Association.  Chef Ryan spoke on the subject ... and the Ugly," joining four other prestigious panelists including: ...
(Date:5/23/2013)... (PRWEB) May 23, 2013 During ... is critical to adhere to principles of good ... , Esteemed speaker Dr. Jeremy Lim, Fellow, Clinical ... , ,     Understand the International Conference ... (GCP) and additional regulations for the conduction of ...
(Date:5/23/2013)... Bed bugs compromised Penn State. A report ... Meanwhile, My Cleaning Products offered complimentary samples of its bed ... without using harmful chemical elements. , Based on the ... building was actually a dormitory , My Cleaning Products ... May 13 and bed bug presence was confirmed on May ...
Breaking Biology Technology:VG Energy Enters into a Strategic Alliance with DAK Renewable Research for LipidMax Field Trials 2VG Energy Enters into a Strategic Alliance with DAK Renewable Research for LipidMax Field Trials 3Z Trim's Chef Erin Ryan sits on Expert Panel at NRA Show 2Z Trim's Chef Erin Ryan sits on Expert Panel at NRA Show 3Adhering to Good Clinical Practice, New Webinar Hosted by Xtalks 2Penn State Dorm Infested with Bed Bugs, My Cleaning Products Offers Complimentary Sample of Bed Bug Spray to Help Bed Bug Victims 2
... 2008 Lentigen Corporation today,announced an exclusive ... for licensing technologies from the University of,Cambridge ... area of lentiviral vector,technology. The technology was ... at the University of Cambridge., "The ...
... Vice President of Finance -, HOPKINTON, Mass., April ... ) today announced the promotion of Peter F.,McAree to ... as Vice President of Finance at Caliper. Effective April,4, ... CFO., McAree has more than 20 years of ...
... Chairman and CEO Honors the Anniversary by Ringing The Closing Bell(R) ... ... Calif., April 3, 2008 Edwards,Lifesciences Corporation (NYSE: EW ), ... today announced its,50th anniversary of partnering with clinicians to develop life-saving,innovations. ...
Cached Biology Technology:Lentigen Licenses Fundamental Lentiviral Vector Technology Patent From the University of Cambridge 2Lentigen Licenses Fundamental Lentiviral Vector Technology Patent From the University of Cambridge 3Caliper Life Sciences Appoints Peter F. McAree Senior Vice President and Chief Financial Officer 2Edwards Lifesciences Celebrates 50 Years of Life-Saving Innovations 2Edwards Lifesciences Celebrates 50 Years of Life-Saving Innovations 3
(Date:5/23/2013)... around nucleosomes in the cell nucleus makes it ... (LMU) in Munich now describes a mechanism that ... nucleosomes for transcription. , In higher organisms the ... wrapped around disk-shaped particles called nucleosomes, each consisting ... and accommodating two loops of DNA. Packed in ...
(Date:5/23/2013)... 23, 2013) A new report from the Institute ... pupils engage in at least 60 minutes of vigorous ... No more than half of American youth meet current ... or moderate intensity physical activity daily, according to the ... are in school for nearly half of their waking ...
(Date:5/23/2013)... largest and fastest growing open-access publishers, announces the ... Bioengineering and Biotechnology . , A broad ... Bioengineering and Biotechnology will provide a single ... biotechnology research to be disseminated and discussed. ... will provide an open-science and interactive web platform ...
Breaking Biology News(10 mins):Biochemistry: Unspooling DNA from nucleosomal disks 2Schools should provide students with daily physical activity, IOM recommends 2Frontiers launches new open-access journal in Bioengineering and Biotechnology 2
... much more sophisticated than expected. When aphids are attacked ... alarm pheromone, (E)-รข-farnesene, that has long been known to ... the plant. , In a paper soon to appear ... in Jena, Germany, now show that exposure to alarm ...
... lead-acid batteries and used oils and lubricants, will ... signed by the United Nations environmental agency and ... Memorandum of Understanding, signed last week in Nairobi, ... Seas Programme and the Secretariat of the Basel ...
... Hopkins researchers report that two proteins best known for ... liver into a sugar-producing factory when food is scarce. ... problem in people with diabetes, the proteins' interaction might ... disease, the researchers say. , Under normal circumstances, the ...
Cached Biology News:Eliminate Data Analysis Bottlenecks in Drug Discovery 2Eliminate Data Analysis Bottlenecks in Drug Discovery 3
... The Cetac Ultrasonic Nebulizers are available in two ... difference between these two models is that the ... to create a drier aerosol for improved detection ... detection limits for a range of elements by ...
...
... using a protein engineering approach that introduced amino ... wild-type DNase I. These changes markedly increase the ... is a versatile enzyme that has a 6-fold ... maintain at least 50% of peak activity in ...
... iTaq DNA polymerase is ... suitable for both conventional and ... is supplied at a concentration ... and includes 250 units polymerase, ...
Biology Products: