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Nutrastar Announces Second Quarter 2011 Financial Results
Date:8/12/2011

ectively, an increase of $0.15 or 48.4% in basic EPS and $0.12 or 40% in diluted EPS from the comparable 2010 period when there were roughly 14.32 million and 14.45 million shares outstanding.

Financial Position

As of June 30, 2011, the Company had cash and cash equivalents totaling $45.82 million, total assets of approximately $63.66 million, working capital of $45.84 million and stockholders' equity of $60.20 million. The Company generated $6.0 million in net cash from operating activities for the six months ended June 30, 2011.

Outlook

For the year ending December 31, 2011, based on management's current expectations, the Company maintains its revenue guidance given at the beginning of the year.

Conference Call

Nutrastar will host a conference call at 8:30 a.m. ET today, Friday, August 12, 2011, to discuss the Company's second quarter 2011 financial results. Ms. Lianyun Han, Chief Executive Officer, and Mr. Robert Tick, Chief Financial Officer, will be hosting the call.

Investors are invited to participate on the live call by dialing +1 (877) 407-9039 for domestic investors. International investors can dial +1 (201) 689-8470.  For investors that would like to listen to the webcast, please visit log on to http://viavid.net/dce.aspx?sid=00008B17 approximately 5 minutes before the start of the call. Please reference event ID: 376963.

If you are unable to participate in the call at this time, a replay of the call will be available for two weeks following the call starting at 11:30 a.m. ET today, August 12, 2011 and ending at 11:59 p.m. ET on August 26, 2011. To list to the replay, domestic investors can dial +1 (877) 870-5176 and International investors can dial +1 (858) 384-5517.  The pass code for the replay is: 376963.

For more information regarding Nutrastar's financial performance during the three months ended June
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SOURCE Nutrastar International Inc.
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