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China Yingxia International, Inc. Reports First Quarter 2008 Results
Date:5/15/2008

70 867,785

Operating expenses

Research & Development expenses --

Selling, general and administrative 490,340 316,603

Income before other income and (expenses) 796,930 551,182

Other income and (expenses)

Interest income 122

Other expenses (139) (43)

Total other income and (expenses) (17) (43)

Income before income taxes (benefits) 796,913 551,139

Provision for Income Taxes (benefits) 84,543

Net income $712,370 $551,139

Other Comprehensive Income

Foreign currency transaltion adjustment 1,484,055 204,279

Comprehensive income $2,196,425 $755,418

Basic and Diluted Income per Share

Basic $0.02 $0.02

Diluted $0.01 $0.02

Weighted average common shares outstanding

Basic 44,454,732 33,608,857

Diluted 49,711,497 33,608,857

CHINA YINGXIA INTERNATIONAL, INC.

CONSOLIDATED BALANCE SHEET

AT MARCH 31, 2008 AND DECEMBER 31, 2007

(Stated in US Dollar)

March 31, December 31,

2008 2007

Assets

Current assets:

Cash and cash equivalents $2,877,784 $736,683

Accounts receivables, net of allowance for

doubtful accounts 35,401 20,081

Invent
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SOURCE China Yingxia International, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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