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Tianyin Pharmaceutical co., Inc. Announces Record First Quarter 2010 Financial Results
Date:11/13/2009

2,745,720 2,163,317 Other income (expenses): Interest income 10,415 -- Interest expense (19,975) (27,720) Other income (expenses) 39,502) 4,245 Total other expenses (49,062) (13,475) Income before provision for income tax 2,696,658 2,149,842 Provision for income tax 509,936 358,849 Net income before noncontrolling interest 2,186,722 1,790,993 Noncontrolling interest (2,526) -- Net income 2,189,248 1,790,993 Other comprehensive income Foreign currency translation adjustment 35,857 89,434 Comprehensive income $2,225,105 $1,880,427 Basic earnings per share $0.10 $0.09 Diluted earnings per share $0.08 $0.07 Weighted average number of common shares outstanding Basic 19,735,790 15,357,818 Diluted 27,516,458 24,558,625 Consolidated Statements of Cash Flows (Unaudited) For the Three Months Ended September 30, 2009 2008 Cash flows from operating activities: Net Income $2,189,248 $1,790,993 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation and amortization 197,037 119,399 Noncontrolling interest (2,5
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