Navigation Links
Kiwa Bio-Tech Revenues for 1st Half Exceed $3.25 Million
Date:8/19/2007

p> debt allowance of $265,900

and $258,667, respectively 153,659 929,446

Inventories 882,962 541,340

Prepaid expenses 186,816 302,007

Other current assets 45,348 57,011

Total current assets 1,477,014 2,327,907

Property, Plant and Equipment:

Buildings 1,079,195 1,046,116

Machinery and equipment 633,316 585,282

Automobiles 43,841 47,772

Office equipment 81,560 78,096

Computer software 9,474 9,240

Property plant and equipment - total 1,847,386 1,766,506

Less: accumulated depreciation (352,185) (286,039)

Property plant and equipment - net 1,495,201 1,480,467

Construction in progress 43,424 34,548

Intangible asset - net 314,864 337,027

Deferred financing costs 170,793 211,793

Deposit to purchase the proprietary

technology 126,444 126,443

Total assets $3,627,740 $4,518,185

LIABILITIES AND STOCKHOLDERS' EQUITY

(DEFICIENCY)

Current liabilities

Accounts payable and accrued expenses $1,507,207 $983,980

Construction costs payable 317,095 366,879

Due to related parties 397,400 496,806

Current portion of bank notes payables 4,157 5,405

Total current liabilities 2,225,859
'/>"/>

SOURCE Kiwa Bio-Tech Products Group Corporation

Copyright©2007 PR Newswire.

1

GOOD

Page: 1 2 3 4 5 6

Related biology technology :

1. Industry Veterans take a look back from 2025: Bio-Technology, and Bio-Informatics are the focus
2. Sonic Foundry reports GAAP loss as Q2 revenues rise
3. Fiserv reports stronger earnings and revenues
4. Third Waves revenues rebound
5. Electronic signs for municipalities: Las Vegas or lost revenues?
6. TDS restates years of revenues, shows slight profit drop
7. Standard Networks reports 125% growth in software revenues
8. Catalyst International profit exceeds expectations
9. New report says Wisconsin R&D spending exceeding expectations
10. Submissions to the Gov.s Business Plan Contest Exceed Expectations
11. Venture Investors early-stage fund grows to $115 million
Post Your Comments:
*Name:
*Comment:
*Email:
Breaking Biology News(10 mins):Studying hair of ancient Peruvians answers questions about stress 2BIO-key(R) Selected as 2009 Industry Innovator in Biometrics by SC Magazine 2BIO-key(R) Selected as 2009 Industry Innovator in Biometrics by SC Magazine 3ADA releases updated position paper on nutrient supplementation 2Marriott Hotels in Paris Raise Funds for AFM Telethon 2009 61726 1Marriott Hotels in Paris Raise Funds for AFM Telethon 2009 61726 2Marriott Hotels in Paris Raise Funds for AFM Telethon 2009 61726 3Marriott Hotels in Paris Raise Funds for AFM Telethon 2009 61726 4Marriott Hotels in Paris Raise Funds for AFM Telethon 2009 61726 5Great Customer Service Just Got Better as Emedco Announces the Launch of their Completely Updated and Enhanced Website 61724 1Great Customer Service Just Got Better as Emedco Announces the Launch of their Completely Updated and Enhanced Website 61724 2Great Customer Service Just Got Better as Emedco Announces the Launch of their Completely Updated and Enhanced Website 61724 3Task Force Member Defends Mammography Guidelines 61722 1Task Force Member Defends Mammography Guidelines 61722 2Task Force Member Defends Mammography Guidelines 61722 3Task Force Member Defends Mammography Guidelines 61722 4Task Force Member Defends Mammography Guidelines 61722 5