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