Navigation Links
Kiwa Bio-Tech Year-End Revenues Increase 264% - Exceed $9.1 Million
Date:3/26/2008

2007 2006

ASSETS

Current assets

Cash and cash equivalents $ 61,073 $ 498,103

Accounts receivable, net of bad

debt allowance of $277,140

and $258,667, respectively 470,298 929,446

Inventories 818,329 541,340

Prepaid expenses 70,460 302,007

Other current assets 67,372 57,011

Total current assets 1,487,532 2,327,907

Property, Plant and Equipment

Buildings 1,125,128 1,046,116

Machinery and equipment 697,205 585,282

Automobiles 76,154 47,772

Office equipment 93,231 78,096

Computer software 9,877 9,240

Property plant and equipment - total 2,001,595 1,766,506

Less: accumulated depreciation (433,690) (286,039)

Property plant and equipment - net 1,567,905 1,480,467

Construction in progress 67,262 34,548

Intangible asset - net 296,245 337,027

Deferred financing costs 129,793 211,793

Deposit to purchase the proprietary

technology 126,443 126,443

Total assets $ 3,675,180 $ 4,518,185

LIABILITIES AND SHAREHOLDERS' EQUITY

(DEFICIENCY)

Current liabilities

Accounts payable and accrued

expenses $ 1,862,043 $ 958,368

Construction costs payab
'/>"/>

SOURCE Kiwa Bio-Tech Products Group Corporation
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7

Related biology technology :

1. Kiwa Bio-Tech Revenues for 1st Half Exceed $3.25 Million
2. Kiwa Bio-Tech Named Recommended Brand by the China Green Food Association
3. Kiwa Bio-Tech Completes 1st Stage of Shandong Factory Upgrading
4. Advanced Bio-Technologies Inc Announces Acquisition by HealthEdge Investment Partners, Tampa FL
5. Kiwa Bio-Tech Ships 2,700 Tons of Bio-feed in One Month
6. Align Technology, Inc. Ranked 23rd in Deloittes Technology Fast 50 Program for Silicon Valley Scientific & Medical Equipment, and Bio-Technology Companies
7. Kiwa Bio-Tech Third Quarter Revenues Increase 226% - Nine-Month Revenues $6.2 Million
8. Kiwa Bio-Tech Products Group Holds a Fertilizer Products Exhibition in Hebei
9. Kiwa Bio-Tech Products Group Holds Meetings to Build Distribution Network
10. Kiwa Bio-Tech Animal Feed Volume Increased 25% in Fourth Quarter of 2007
11. Kiwa Bio-Tech Ships 114 Tons of Bio-Fertilizer in Fourth Quarter of 2007
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/11/2009)... -- Esco announces the opening of a NEW 2nd North American ... service, training and logistics center to support Esco,s growth in the ... (NPI) for temperature-controlled laboratory equipment. , ... Hatboro, PA ... NEW 2nd North American facility in Marietta, OH. The facility will ...
(Date:12/10/2009)... The National Eye Institute (NEI), a division of the National ... Aciont Inc. to help fund its development of a non-invasive, ... , ... Salt Lake City, UT (PRWEB) ... division of the National Institutes of Health (NIH), awarded a ...
(Date:12/10/2009)... world-leading provider of advanced flow measurement, control, and ... the company as Global Level Product Manager effective ... efforts to enhance market penetration of the level ... Brooks Instrument from Lafarge Corp, a manufacturer of ... Marketing and Sales. Bayda will report to Brooks ...
(Date:12/10/2009)... Biomatrica, the leader in room temperature ... SampleWare 3.1 software system for laboratory inventory, organization ... now includes an audit trail functionality that tracks ... complete history of any stored sample. ,, ... customers a much needed ability to track all ...
Breaking Biology Technology:NEI Awards a Two-Year $2.18 Million SBIR Grant to Aciont 2NEI Awards a Two-Year $2.18 Million SBIR Grant to Aciont 3Brooks Instrument Appoints Mike Bayda as Global Level Product Manager 2Brooks Instrument Appoints Mike Bayda as Global Level Product Manager 3Biomatrica Launches SampleWare 3.1 2Biomatrica Launches SampleWare 3.1 3
... Board: LTUS) ("Lotus" or the,"Company"), a pharmaceutical company in the ... quarter and six months,ended June 30, 2008., Second ... million, up 51.4% from the second ... up 76.4% from the second quarter of 2007, ...
... sales of $15 million in 2008 on target; Potential label ... expansion could further ... (Nasdaq and MTA: CTIC) reported financial results for the quarter,ended ... million,compared to $20,000 for the second quarter of 2007 due ...
... --- For more than 15 years, carbon nanotubes ... Researchers have conceived applications for nanotubes ranging from ... should, in theory, give them mechanical and electrical ... , Unfortunately, theory and experiments have failed to ...
Other Biology Technology:Lotus Pharmaceuticals Announces Second Quarter 2008 Results 2Lotus Pharmaceuticals Announces Second Quarter 2008 Results 3Lotus Pharmaceuticals Announces Second Quarter 2008 Results 4Lotus Pharmaceuticals Announces Second Quarter 2008 Results 5Lotus Pharmaceuticals Announces Second Quarter 2008 Results 6Lotus Pharmaceuticals Announces Second Quarter 2008 Results 7Lotus Pharmaceuticals Announces Second Quarter 2008 Results 8Lotus Pharmaceuticals Announces Second Quarter 2008 Results 9Lotus Pharmaceuticals Announces Second Quarter 2008 Results 10Lotus Pharmaceuticals Announces Second Quarter 2008 Results 11Lotus Pharmaceuticals Announces Second Quarter 2008 Results 12Lotus Pharmaceuticals Announces Second Quarter 2008 Results 13Lotus Pharmaceuticals Announces Second Quarter 2008 Results 14Lotus Pharmaceuticals Announces Second Quarter 2008 Results 15Cell Therapeutics, Inc.'s Second Quarter 2008 Financial Results 2Cell Therapeutics, Inc.'s Second Quarter 2008 Financial Results 3Cell Therapeutics, Inc.'s Second Quarter 2008 Financial Results 4Cell Therapeutics, Inc.'s Second Quarter 2008 Financial Results 5Cell Therapeutics, Inc.'s Second Quarter 2008 Financial Results 6Cell Therapeutics, Inc.'s Second Quarter 2008 Financial Results 7True properties of carbon nanotubes measured 2True properties of carbon nanotubes measured 3
(Date:12/11/2009)... granted an 18-month, exclusive option to startup Thermalin ... The company must reach certain milestones in order ... license on therapies designed to help patients with ... that it hopes will become an important part ... Insulin is a therapeutic protein used to manage ...
(Date:12/11/2009)... discoveries about the deep ocean,s temperature variability and circulation ... , The deep ocean is affected more by surface ... more accurate predictions of factors such as sea level ... temperatures have also been found to result in a ... in a faster transport of large quantities of warm ...
(Date:12/11/2009)... CORVALIS, ORFruit growers, profits have traditionally been ... climates where growing seasons can be short. ... developed varieties are being introduced that offer ... the offseasonresulting in economic bonuses for both ... new varieties of blackberry called "primocane-fruiting", which ...
Breaking Biology News(10 mins):Case Western Reserve University grants option to startup Thermalin Diabetes Inc. 2New discoveries could improve climate projections 2New management methods extend blackberry season 2Hedgehog pathway may hold key to anti cancer therapy 55453 1Hedgehog pathway may hold key to anti cancer therapy 55453 2HCA Kicks Off 2009 Caring for the Community Campaign 55451 1HCA Kicks Off 2009 Caring for the Community Campaign 55451 2HIMSS Electronic Health Record Association Applauds Federal Support of EHR Implementation for Hospitals and Physician Practices 55449 1HIMSS Electronic Health Record Association Applauds Federal Support of EHR Implementation for Hospitals and Physician Practices 55449 2HIMSS Electronic Health Record Association Applauds Federal Support of EHR Implementation for Hospitals and Physician Practices 55449 3
... Mutations in two genes that control electrical excitability in ... a human-like insomnia disorder in mice, UT Southwestern Medical ... better understand the disorder and provide an animal model ... the most dramatic sleep-disturbance mutations, said Dr. Rolf Joho, ...
... the development of new drugs, bioactive nanomaterials, ... coatings for semiconductors, coatings and adhesives for ... nanomaterials, and surface-sensitive adhesives, to name a ... from the discovery that, under proper conditions, ...
... 2008) In an epidemiological study, Tufts University researchers identified ... of the United States population based on measures ... the bloodstream. Plasma PLP is the indicator used by ... Allowance (RDA) of vitamin B6, a nutrient essential for ...
Other Biology News:Gene mutations in mice mimic human-like sleep disorder, UT Southwestern researchers find 2Scripps Research Institute awarded patent for remarkable chemical technology 2Scripps Research Institute awarded patent for remarkable chemical technology 3Scripps Research Institute awarded patent for remarkable chemical technology 4Study identifies trends of vitamin B6 status in US population sample 2Study identifies trends of vitamin B6 status in US population sample 3
Bovine Coronary Artery Smooth Muscle Cells (BCASMC) (>500,000 cells)...
Bovine Pulmonary Artery Endothelial Cells (BPAEC) (>500,000 cells)...
Bovine Aortic Smooth Muscle Cells (BAOSMC) (>500,000 cells)...
Bovine Brain Microvascular Endothelial Cells (BBMVEC) (>500,000 cells)...
Biology Products: