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China Shenghuo Reports Unaudited Financial Results for the Second Quarter of 2009
Date:8/14/2009

Three Months Ended June 30, Six Months Ended June 30, 2009 2008 2009 2008 Sale of Products $8,130,333 $8,591,297 $14,900,859 $14,077,765 Cost of Products Sold 2,394,530 2,988,119 4,696,055 5,087,581 Gross Profit 5,735,803 5,603,178 10,204,804 8,990,184 Operating Expenses: Selling expense 6,221,263 4,035,573 12,616,840 5,677,075 General and administrative expense 3,120,299 2,714,259 4,166,741 5,181,837 Research and development expense 6,640 70,213 13,921 189,189 Total Operating Expenses 9,348,202 6,820,045 16,797,502 11,048,101 Loss from Operations (3,612,399) (1,216,867) (6,592,698) (2,057,917) Other Income (Expense): Interest income 431 1,848 1,312 5,113 Income from research and development activities 119,611 75,588 145,179 338,625 Interest expense (268,324) (435,114) (520,014) (691,196) Non-operating expenses (15,137) (65,337) (19,191) (138,482) Net Other (Expense) (163,419) (423,015) (392,714) (485,940) Loss Before Income Taxes (3,775,818) (1,639,882) (6,985,412) (2,543,857) Benefit from (provision for) income taxes -- 2,163 -- (13) Minority interest in loss of subsidiaries 43 100,250 248,365 153,741 Net Loss $(3,775,775) $(1,537,469) $(6,737,047) $(2,390,129) Foreign currency translation adjustment 2,939 217,091 3,121 690,175 Comprehensive Loss $(3,772,836) $(1,320,378) $(6,733,926) $(1,700,056) Loss Per Share Basic
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SOURCE China Shenghuo Pharmaceutical Holdings, Inc.
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