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China Yingxia International, Inc. Announces Record Fourth Quarter and Year 2007 Results
Date:3/31/2008

16,799,667

Accumulated other comprehensive income 2,885,038

Statutory reserves 901,463

Retained earnings 16,148,762

Total Stockholders' Equity 36,779,370

Total Liabilities and Stockholders' Equity $37,146,766

CHINA YINGXIA INTERNATIONAL, INC.

CONSOLIDATED STATEMENTS OF INCOME

FOR THE YEARS ENDED DECEMBER 31,

2007 2006

Sales $15,912,318 $8,401,711

Cost of Sales 6,771,252 3,835,017

Gross Profit 9,141,067 4,566,694

Operating Expenses

Research & Development Expense 136,767 488,404

Selling, general and administrative 2,920,694 1,739,221

Income before other Income and

(Expenses) 6,083,605 2,339,069

Other Income and (Expenses)

Subsidy Income 32,877 -

Interest Income 3,216 431

Other Income - 138

Other Expense (484) (176)

Other Income and Expenses Total Other

Income and (Expenses) 35,608 393

Income Before Income Taxes (Benefits) 6,119,214 2,339,462

Provision for Income Taxes (Benefits) - (3,000,795)

Net Income $6,119,214 $5,340,257

Other Comprehensive Income

Foreign Currency Translation Adjustment $1,95
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SOURCE China Yingxia International, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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