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

INCOME (LOSS)(Unaudited)For the Three MonthsFor the Six MonthsEnded June 30,Ended June 30,2014201320142013Revenue$
,130,544
$
8,026,325
$
3,236,059
$
,275,712
Cost of revenue3,713,1475,849,0028,158,27611,974,402Inventory obsolescence-27,178-3,720,073Gross profit2,417,3972,150,1455,077,783581,237Operating expenses:Selling expenses627,442701,6871,447,8471,513,741General and administrative expenses382,832591,251806,7591,164,263Research and development expenses1,902,027865,2492,346,4341,031,664Bad debt expense8,032,3154,752,73311,340,4444,632,803Total operating expenses10,944,6166,910,92015,941,4848,342,471(Loss) income from operations(8,527
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SOURCE China Pharma Holdings, Inc.
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