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China Pharma Holdings, Inc. Reports Full Year 2011 Financial Results
Date:3/15/2012

3,716,397

 

3,039,450

 Bad debt expense

 

108,085

 

505,224

 Total operating expenses

 

7,264,004

 

6,087,500

  

 

 

 

 

 Government subsidy income

 

301,672

 

469,509

  

 

 

 

 

  

 

 

 

 

 Income from operations

 

22,025,727

 

24,664,742

  

 

 

 

 

 Other income (expense):

 

 

 

 

 Interest income

 

7,208

 

15,413

 Interest expense

 

(255,198)

 

(168,258)

 Derivative gain

 

934,260

 

1,588,888

 Net other income

 

686,270

 

1,436,043

  

 

 

 

 

 Income before income taxes

 

22,711,997

 

26,100,785

 Income tax expense

 

(3,442,355)

 

(2,686,438)

 Net income 

19,269,642

 

23,414,347

  

 

 

 

 

 Other comprehensive income - foreign currency

 

 

 

 

 translation adjustment

 

5,080,098'/>"/>

SOURCE China Pharma Holdings, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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