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

HER COMPREHENSIVE INCOME: Foreign currency translation adjustments 250,4452,956,953COMPREHENSIVE INCOME$17,493,156$19,939,920Earnings per share Basic

$

1.10$

1.12Diluted

$

1.04$

1.04Weighted average number of shares outstanding Basic 15,453,65614,784,564Diluted 16,600,05316,339,999NUTRASTAR INTERNATIONAL INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS(AMOUNTS EXPRESSED IN US DOLLARS) December 31,20122011ASSETSCURRENT ASSETS  Cash and cash equivalents

$

75,526,533$

54,556,329 Restricted cash -4,170 Accounts receivable 81,49782,516 Inventories 965,251898,871 Prepayments and other receivables 1,321,7261,194,466Total current assets 77,895,00756,736,352OTHER ASSETS  Intangible assets, net 1,552,0222,024,593 Property, plant and equipment, net15,991,06012,395,567 Construction in process -5,271,609Total assets$95,438,089$76,428,121LIABILITIES AND STOCKHOLDERS' EQUITYCURRENT LIABILITIES  Accounts payable

$

-$

6,339 Other payables and accruals 1,481,1981,064,045 Taxes payable 2,981,1362,585,738 Due to a related party 150,03680,648 Preferred stock dividend payable 528,528529,851 Warrants liabilities 173144,411Total current liabilities 5,141,0714,411,032Total liabilities 5,141,0714,411,032COMMITMENTS AND CONTINGENCIES (Note 19) STOCKHOLDERS' EQUITY  Preferred Stock, $0.001 par value, (1,000,000 shares authorized,
 113,010 shares and 147,820 shares issued and outstanding, respectively;
 aggregate liquidation preference amount: $3,164,280 and $4,138,960,
 plus accrued but unpaid dividend of $528,528 and $529,851,
 at December 31, 2012 and 2011, respectively 2,577,3243,371,206 Common stock, $0.001 par value, 190,000,000 shares authorized,
5,907,381 shares issued and 15,863,826 shares outstanding at
December 31, 2012; 14,962,631 shares issued and 14,
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SOURCE Nutrastar International Inc.
Copyright©2012 PR Newswire.
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