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China BCT Reports First Quarter 2010 Results
Date:5/21/2010

Financial Tables Follow China BCT Pharmacy Group, Inc. (Formerly named China Baicaotang Medicine Limited) Condensed Consolidated Statements of Income and Comprehensive Income For the three months ended March 31, 2010 and 2009 (Unaudited) (Stated in US Dollars) Three months ended March 31, 2010 2009 Sales revenue $34,028,878 $32,342,392 Cost of sales 25,167,201 23,493,795 Gross profit 8,861,677 8,848,597 Operating expenses Administrative expenses 1,642,423 996,095 Selling expenses 1,026,519 858,686 2,668,942 1,854,781 Income from operations 6,192,735 6,993,816 Interest income 50,686 106 Other income 98,040 -- Change in fair value of warrant liabilities (288,783) -- Other expenses (39,312) (2,595) Finance costs (263,696) (296,175) Income before income taxes 5,749,670 6,695,152 Income taxes (1,505,505) (1,688,383) Net income attributable to China BCT Pharmacy Group, Inc.'s common stockholders $4,244,165 $5,006,769 Other comprehensive income Foreign currency translation adjustments
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SOURCE China BCT Pharmacy Group, Inc.
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