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Nutrastar Announces Full Year 2012 Results, Issues 2013 Revenue Guidance
Date:3/29/2013

than statements of historical facts.  These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "projects," "expects" or similar expressions.  These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the Company with the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors.  You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, the Company does not assume a duty to update any forward-looking statements to reflect events or circumstances after the date hereof.

For more information, please contact:
 

Howard Gostfrand
American Capital Ventures
Tel:  +1-305-918-7000
Email: info@amcapventures.com

 NUTRASTAR INTERNATIONAL INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME(AMOUNTS EXPRESSED IN US DOLLARS) Year Ended December 31,20122011REVENUE$36,771,176$34,205,954Cost of goods sold (8,742,166)(8,246,853)GROSS PROFIT 28,029,01025,959,101Selling expenses (1,658,956)(1,640,796)General and administrative expenses (3,102,070)(2,843,298)Income from operations 23,267,98421,475,007Other income (expenses): Interest income 255,918193,742Foreign exchange differences 5,61060, 988Change in fair value of warrants 144,2381,053,862Other income 7,921-Total other income (expenses) 413,6871,308,592Income before income taxes 23,681,67122,783,599Provision for income taxes (6,438,960)(5,800,632)NET INCOME17,242,71116,982,967OT
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SOURCE Nutrastar International Inc.
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