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American Oriental Bioengineering Reports Third Quarter 2007 Financial Results

14,329,815 9,465,890 33,872,728 23,334,350

INCOME TAXES 2,386,189 1,915,266 5,846,543 4,922,419

NET INCOME 11,943,626 7,550,624 28,026,185 18,411,931


Foreign currency

translation gain 2,344,696 949,154 5,746,252 1,587,449

Income tax

expense related

to other

comprehensive income (351,704) (142,373) (861,938) (238,117)



NET OF TAX 1,992,992 806,781 4,884,314 1,349,332


INCOME $ 13,936,618 $ 8,357,405 $ 32,910,499 $ 19,761,263


BASIC $ 0.16 $ 0.12 $ 0.41 $ 0.30

DILUTED $ 0.16 $ 0.12 $ 0.40 $ 0.30




BASIC 74,379,650 62,704,918 68,012,018 62,200,836

DILUTED 75,331,015 62,849,767 69,234,193 62,328,290 See accompanying notes to the condensed consolidated financial statements

SOURCE American Oriental Bioengineering, Inc.
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