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American Oriental Bioengineering Reports Second Quarter 2009 Financial Results
Date:8/7/2009

marketing 9,396,129 7,687,892 14,607,631 12,717,600 Advertising 7,779,936 7,452,231 13,347,293 11,846,572 General and administrative 4,315,714 5,253,274 8,881,357 9,165,957 Depreciation and amortization 1,850,274 1,010,461 3,709,189 1,987,671 Total operating expenses 23,342,053 21,403,858 40,545,470 35,717,800 INCOME FROM OPERATIONS 18,285,061 18,677,700 29,498,496 30,654,720 EQUITY IN EARNINGS (LOSS) FROM UNCONSOLIDATED ENTITIES (173,258) (640,008) 264,536 (641,067) INTEREST INCOME (EXPENSE), NET (1,620,069) (30,616) (3,199,338) (13,769) OTHER INCOME (EXPENSE), NET (16,329) (255,770) (114,938) (356,502) INCOME BEFORE INCOME TAXES 16,475,405 17,751,306 26,448,756 29,643,382 INCOME TAXES 3,369,107 3,891,614 5,472,406 6,361,562 NET INCOME 13,106,298 13,859,692 20,976,350 23,281,820 NET INCOME ATTRIBUTABLE TO NON- CONTROLLING INTEREST 123,068 -- 119,517 -- NET INCOME ATTRIBUTABLE TO CONTROLLING INTEREST 13,229,366 13,859,692 21,095,867 23,281,820 OTHER COMPREHENSIVE INCOME Foreign currency translation gain, net of tax 46,316 5,154,761 424,782 12,089,196 TOTAL OTHER COMPREHENSIVE INCOME, NET OF TAX 46,316 5,154,761 424,782 12,089,196 COMPREHENSIVE INCOME $13,275,682 $19,014,453 $21,520,649 $35,371,016 NET INCOME PER SHARE BASIC $0.18 $0.18 $0.28 $0.30 DILUTED $0.17 $0.18 $0.28 $0.30 WEIGHTED AVERAGE NUMBER O
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