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Kun Run Biotechnology, Inc. Announces Third Quarter 2009 Results
Date:11/13/2009

ny's filings, available via the United States Securities and Exchange Commission.


    FINANCIAL TABLES FOLLOW

    Kun Run Biotechnology, Inc. and Subsidiaries
    Consolidated Balance Sheets
    (In United States dollars)

                                                   September 30,   December 31,
                                                        2009          2008
                                                    (Unaudited)     (Audited)
    ASSETS
      Current assets
        Cash and cash equivalents                     $230,539      $433,599
        Trade receivables, net                       5,031,103     4,732,750
        Bills receivable                               613,222       117,360
        Other receivables, prepayments
         and deposits                                3,005,675       985,683
        Receivables from disposal of
         properties                                         --     2,061,793
        Inventories - Note 5                         1,504,722       689,415
        Amounts due from related companies           5,356,149     5,595,307
        Deferred taxes                                      --         8,362

    Total current assets                            15,741,410    14,624,269
      Intangible assets                                 92,417       111,004
      Property, plant and equipment, net             9,248,453     9,685,374
      Land use rights                                3,723,541     3,775,540
      Deposit for acquisition of
       property, plant and equipment                   518,347       445,691
      Deposit paid to a related company for
       acquisition of an intangible asset            7,921,800            --

    TOTAL ASSETS                                   $37,245,968   $28,641,878



                                                  September 30,   December 31,
                                                        2009          2008
                                
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SOURCE Kun Run Biotechnology, Inc.
Copyright©2009 PR Newswire.
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