Tiens Biotech Group (USA) Reports Fourth Quarter and Twelve-Mon... (538130 -- Total n...)

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Tiens Biotech Group (USA) Reports Fourth Quarter and Twelve-Month Results

Date:3/28/2008

538,130 --

Total non-current liabilities 4,805,872 6,397,742

Total liabilities 29,135,219 17,443,424

MINORITY INTEREST 6,144,063 11,883,323

SHAREHOLDERS' EQUITY:

Common stock, $0.001 par value, 250,000,000

shares authorized, 71,333,586 issued and

outstanding, respectively 71,334 71,334

Paid-in-capital 8,842,009 8,842,009

Additional paid-in-capital 69,105 --

Statutory reserves 9,420,783 9,420,783

Retained earnings 113,964,778 95,371,137

Accumulated other comprehensive income 13,980,346 5,714,988

Total shareholders' equity 146,348,355 119,420,251

Total liabilities and shareholders'

equity $ 181,627,637 $ 148,746,998

TIENS BIOTECH GROUP (USA), INC. AND SUBSIDIARIES

REVENUE BY REGION

Three months

ended December 31,

2007 2006 Change

China $ 6,739,641 $ 6,793,469 - 0.8%

International $ 6,575,670 $ 9,793,691 -32.9%

Total $13,315,311 $16,587,160 -19.7%

Twelve months

ended December 31,

2007 2006 Change

China $22,476,135 $27,074,979 -17.0%

International $32,423,925 $39,715,487 -18.4%

Total
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SOURCE Tiens Biotech Group (USA), Inc.
Copyright©2008 PR Newswire.
All rights reserved

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