- FY 2007 Revenues Increased 89.39% to $15.91 million.
- FY 2007 EBIT Increased 161.57% to $6.08 million. - FY 2007 Net Income was $6.12 million or $0.15 per fully diluted share.
- Teleconference to Be Held at 9:00 a.m. EST Today -
NEW YORK, March 31 /Xinhua-PRNewswire-FirstCall/ -- China Yingxia
International, Inc. (OTC Bulletin Board: CYXI - News), (the "Company") a
leading provider in the nutraceutical industry engaged in the development,
manufacture and distribution of organic nutritional food products,
supplements, and personal care products in China, today announced its
audited results for the fourth quarter and for the year ended December 31,
-- Total Revenues increased 78.31% to a record $5.52 million compared to
$3.09 million for Q4 2006.
-- Gross profit increased 89.74% to a $2.76 million compared to $1.45
million for Q4 2006.
-- Net income increased 29.6% to a record $1.39 million compared to
$1.08 million(1) for the same period in 2006.
Fiscal Year 2007 Highlights
-- Total Revenues increased 89.4% to a record $15.91 million.
-- Gross profit increased 100.17% to a record $9.14 million.
-- Earnings before Interest and Taxes increased 161.57% to a record $6.08
-- Net Income increased 14.59% to a record $6.12 million or $0.15 per
fully diluted share.
(1) The figure excludes the one-time going public expense and one-time
provision for achieving WFOE status.
"This was a record year for our company in terms of financial growth
and also a success in terms of the execution of our business model. Our
very strong revenue growth was driven by an expanded number of nutritional
foods, health supplements, and personal care products provided by our
suppliers, as well as our ability to increase our number of active
franchisees" said Ms. Yingxia Jia
|SOURCE China Yingxia International, Inc.|
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