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China Pharma Holdings, Inc. Reports Second Quarter 2014 Financial Results
Date:8/15/2014

ass="prnews_span">323,651Other payables1,179,7201,312,361Advances from customers1,626,3342,228,238Other payables - related parties1,354,5671,354,567Short-term notes payable4,873,9284,909,662Total Current Liabilities11,869,25412,005,916Non-current Liabilities:Construction loan facility12,997,14112,484,183Long-term deferred tax liability213,575176,414Total Liabilities25,079,97024,666,513Stockholders' Equity:Preferred stock, $0.001 par value; 5,000,000 shares authorized;no shares issued or outstanding--Common stock, $0.001 par value; 95,000,000 shares authorized;43,579,557 shares and 43,579,557 shares outstanding, respectively43,58043,580Additional paid-in capital23,590,20423,590,204Retained earnings77,862,83388,896,276Accumulated other comprehensive income19,453,06120,414,381Total Stockholders' Equity120,949,678132,944,441TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$  146,029,648$  157,610,954CHINA PHARMA HOLDINGS, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSAND COMPREHENSIVE
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SOURCE China Pharma Holdings, Inc.
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