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American Oriental Bioengineering Reports Third Quarter 2009 Financial Results
Date:11/16/2009

477 Advertising 9,013,087 9,913,728 22,360,380 21,760,300 General and administrative 6,457,734 4,690,793 15,981,195 14,235,806 Depreciation and amortization 1,409,399 1,024,436 5,118,588 3,012,107 Total operating expenses 29,125,966 25,567,834 70,313,540 61,664,690 INCOME FROM OPERATIONS 15,005,195 21,623,708 43,861,587 51,899,372 EQUITY IN EARNINGS (LOSS) FROM UNCONSOLIDATED ENTITIES (563,608) 49,417 (299,072) (591,650) INTEREST INCOME (EXPENSE), NET (1,106,805) (1,143,013) (4,306,143) (1,156,782) OTHER (EXPENSE), NET (49,165) 91,986 (164,103) (264,515) INCOME BEFORE INCOME TAXES 13,285,617 20,622,098 39,092,269 49,886,425 INCOME TAXES 3,257,771 4,339,045 9,463,093 10,655,299 NET INCOME 10,027,846 16,283,053 29,629,176 39,231,126 NON-CONTROLLING INTEREST (651) 0 118,866 0 NET INCOME ATTRIBUTE TO CONTROLLING INTEREST 10,027,195 16,283,053 29,748,042 39,231,126 OTHER COMPREHENSIVE INCOME Foreign currency translation gain, net of tax 142,118 646,405 655,400 15,743,396 OTHER COMPREHENSIVE INCOME, NET OF TAX 142,118 646,405 655,400 15,743,396 COMPREHENSIVE INCOME $10,169,313 $16,929,458 30,403,442 $54,974,522 NET INCOME PER COMMON SHARE BASIC $0.13 $0.22 0.40 $0.51 DILUTED $0.13 $0.21 0.39 $0.50 WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING BASIC 74,636,155 75,101,869 74,592,447 77,164,602 DILUTED 88,868,828 85,417,62
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SOURCE American Oriental Bioengineering, Inc.
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