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Nutrastar Announces Record 2010 Performance and Revenue Guidance for 2011
Date:3/28/2011

ear 2010 financial results. Ms. Lianyun Han, Chief Executive Officer, and Mr. Robert Tick, Chief Financial Officer, will be hosting the call.

To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: +1 (877) 407-0784 for U.S. based callers or +1 (201) 689-8560 for international callers. The conference call pass code is 369253.

If you are unable to participate in the live call, a replay will be available for 14 days starting on Tuesday, March 29, 2011 at 11:30 a.m. ET. To access the replay, U.S. based callers should dial +1 (877) 870-5176, international callers should dial +1 (858) 384-5517. The conference pass code will remain 369253.NUTRASTAR INTERNATIONAL INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME(AMOUNTS EXPRESSED IN US DOLLARS)Year Ended December 31,20102009NET REVENUE$24,241,688$15,332,445Cost of goods sold(4,637,951)(4,563,965)GROSS PROFIT19,603,73710,768,480Selling expenses(1,092,598)(507,587)General and administrative expenses(2,722,939)(1,356,499)Income from operations15,788,2008,904,394Other income (expenses):   Interest income124,03681,542   Foreign exchange differences(130,779)(15,398)   Loss on disposal of fixed assets(102,675)-   Change in fair value of warrants(15,413)-   Others, net-6,388   Total other income (expenses)(124,831)72,532Income before income taxes 15,663,3698,976,926Provision for income taxes(2,219,190)(1,235,210)NET INCOME 13,444,1797,741,716OTHER COMPREHENSIVE INCOME:Foreign currency translation adjustments1,286,69824,150COMPREHENSIVE INCOME$14,730,877$7,765,866Earnings per share   Basic

$

0.80

$

0.59   Diluted

$

0.79

$

0.58Weighted average number of shares outstanding   Basic14,327,79913,131,
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SOURCE Nutrastar International Inc.
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