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Yongye International Announces First Quarter 2013 Financial Results

,508,738General and administrative expenses, including a reversal of

allowance for doubtful accounts of nil and US$6,334,832 for three

months ended March 31, 2013 and 2012, respectively4,069,972(2,209,471)Income from operations1,135,39721,910,181Other (expenses)/incomeInterest expenses(1,866,378)(1,004,169)Interest income165,75860,074Other (expenses)/income, net(64,336)32,054Change in fair value of derivative liabilities-59,398Total other income, net(1,764,956)(852,643)(Losses)/earnings before income tax expense(629,559)21,057,538Income tax (benefit)/expense(5,079)3,740,222Net (loss)/income(624,480)17,317,316Less: Net (loss)/income attributable to the noncontrolling 

interest(11,908)935,026Net (loss)/income attributable to Yongye International, Inc.



16,382,290Net (loss)/income per share of common stock






0.27Weighted average shares used in computation:
50,669,88049,460,252Net (loss)/income(624,480)17,317,316Other comprehensive incomeForeign currency translation adjustment, net of US$ nil

income taxes2,663,2362,341,251Comprehensive income2,038,75619,658,567Less: Comprehensive income attributable to the noncontrolling

interest114,0801,043,895Comprehensive income attributable to Yongye International, Inc.




SOURCE Yongye International, Inc.
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